XAUUSD Technical Analysis 29.09.2023 1h chart

– Previous Daily candle closed Bearish around 1864.900 breaking below Weekly Support formed recently.
– Buys on close above 1868.100 targeting 1h Resistance formed around 1873.200, Leaving Runners to the 4h Resistance formed around 1877.900.
– Sells on close below 1859.900 targeting Daily previous Resistance formed on 6th March 2023 around 1855.500, Leaving Runners to the 4h previous Resistance formed on 7th March 2023 around 1848.200.
– High Impact News  ahead of the New York session starting with Fed Chair Powell speech and Core PCE Price Index m/m, followed by Revised UoM Consumer Sentiment and Chicago PMI, High Volatility expected during the news release.