XAUUSD Technical Analysis 27.12.2023 1h chart

– Previous Daily candle closed Bullish around 2067.800 almost tapping a Daily Resistance formed on 4th December 2023.
– Buys on close above 2072.000 targeting 1h Rejection formed on 4th December 2023 around 2076.500, Leaving Runners to the 15min previous Support formed also on the 4th December 2023 around 2083.000.
– Sells on close below 2063.500 targeting 4h recent Support formed around 2057.500, Leaving Runners to the 4h Support / current Weekly open around 2053.100.
– Medium Impact News ahead of the New York session for the US Dollar for Richmond Manufacturing Index. As we approaching end of the year volume starts to slow down and market becomes volatile so it is extremely important to manage risk and wait for a much stronger confirmation before opening position (s).