XAUUSD Technical Analysis 28.12.2023 1h chart

– Previous Daily candle closed Bullish around 2077.300 above Daily Resistance formed on 4th December 2023.
– Buys on close above 2083.000 targeting 4h Resistance around 2084.900, Leaving Runners to the 15min Resistance formed around 2092.400.
– Sells on close below 2075.400 targeting 1h previous Resistance formed around 2069.200, Leaving Runners to the 4h Support formed around 2064.400.
– Medium Impact News ahead of the New York session for the US Dollar, Unemployment Claims and Pending Home Sales m/m. 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).