XAUUSD Technical Analysis 27.11.2023 1h chart

– Previous Weekly candle closed Bullish around 2002.600 just below recent Weekly Resistance formed on 30th October 2023, Friday Daily candle closed Bullish breaking above last week’s Wednesday Daily Resistance.
– Buys on close above 2005.600 targeting previous Daily Support formed on 15th May 2023 around 2010.900, Leaving Runners to the Weekly Resistance formed on 8th May 2023 around 2016.900.
– Sells on close below 1998.300 targeting 4h Support around 1992.700, Leaving Runners to the 1h Support formed around 1988.500.
– High Impact News ahead of the New York session for the US Dollar, New Home Sales forecasted at 724k, Previously was 759k.