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XAUUSD Technical Analysis 29.12.2023 1h chart– Previous Daily candle closed strong Bearish around 2065.300 forming Daily Resistance around 2077.200 as current Weekly candle retraces respecting recent Weekly Resistance formed on 4th December 2023. – Buys on close above 2069.000 targeting 4h Resistance formed around 2075.000, Leaving Runners to the 30min Resistance formed around 2080.000. – Sells on close below 2061.500 targeting 1h Support formed around 2056.500, Leaving Runners to the 30min Support formed around 2051.700. – 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).
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 29.12.2023 1h chart– Previous Daily candle closed Bearish around 179.900 below recent Daily Support formed as price break out of the recent Daily Range, forming Daily Resistance around 181.360. – Buys on close above 180.340 targeting 4h previous Support formed on 26th December 2023 around 180.710, Leaving Runners to the 1h Resistance formed around 181.270. – Sells on close below 179.630 targeting 30min Support formed around 179.230, Leaving Runners to the 4h Support formed around 178.670. – 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).
by SalimFX20
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).
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 28.12.2023 1h chart– Previous Daily candle closed weak Bullish around 181.350 leaving a huge Rejection wick to the upside. – Buys on close above 182.150 targeting 1h Resistance which could potentially become a previous Daily Wick Fill around 182.150, Leaving Runners to the 1h Resistance formed around 182.680. – Sells on close below 181.030 targeting 1h Strong Support formed around 180.670, Leaving Runners to the Daily Support formed on Friday 22nd December 2023 around 180.240. – 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).
by SalimFX20
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).
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 27.12.2023 1h chart– Previous Daily candle closed small Bullish around 181.060 respecting Daily Support formed on Friday 22nd December 2023. – Buys on close above 181.310 targeting 1h previous Resistance formed on 20th December 2023 around 181.810, Leaving Runners to the 4h Resistance formed around 182.330. – Sells on close below 180.670 targeting Daily Support formed on 22nd December 2023 around 180.250, Leaving Runners to the next Daily Support formed on 4th December 2023 around 179.920. – 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).
by SalimFX20
XAUUSD Technical Analysis 22.12.2023 1h chart– Previous Daily candle closed Bullish around 2046.100 forming new Daily Support around 2031.700. – Buys on close above 2048.000 targeting Daily Rejection formed on 28th November 2023 around 2052.100, Leaving Runners to the 4h candle open formed on 4th December 2023 around 2057.600. – Sells on close below 2039.100 targeting 4h Support formed around 2035.100, Leaving Runners to the Daily Support formed around 2031.100. – High Impact News ahead of the New York session for the US Dollar, starting with PCE Price Index m/m, Core Durable Goods Orders m/m, Durable Goods Orders m/m, followed by Revised UoM Consumer Sentiment and New Home Sales, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 22.12.2023 1h chart– Previous Daily candle closed Bearish around 180.240 closing within recent Daily Support. – Buys on close above 180.810 targeting previous Weekly Support formed on 30th October 2023 around 181.310, Leaving Runners to the previous 1h Resistance formed on 20th December 2023 around 181.830. – Sells on close below 179.880 targeting 1h previous Resistance formed on 14th December 2023 around 179.360, Leaving Runners to the 4h Support formed around 178.700. – High Impact News ahead of the Pre London session open for the Pound Sterling for Retail Sales m/m. High Volatility expected.
by SalimFX20
XAUUSD Technical Analysis 21.12.2023 1h chart– Previous Daily candle closed Bearish around 2031.700 forming Daily Resistance around 2040.400. – Buys on close above 2038.100 targeting 1h Resistance formed around 2042.800, Leaving Runners to the 30min Resistance formed around 2050.300. – Sells on close below 2029.700 targeting 4h Support formed around 2024.100, Leaving Runners to the Daily Support formed around 2018.700. – High Impact News ahead of the New York session for the US Dollar, Starting with Final GDP q/q, Unemployment Claims followed by Final GDP Price Index q/q and Philly Fed Manufacturing Index, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 21.12.2023 1h chart– Previous Daily candle closed Bearish around 181.340 forming Daily Resistance around 183.070. – Buys on close above 181.540 targeting 1h previous Support formed around 181.960, Leaving Runners to the 4h Resistance formed around 182.330. – Sells on close below 181.090 targeting Weekly previous Support formed on 7th August 2023 around 180.660, Leaving Runners to the 4h Support formed around 180.340. – As Daily Resistance has been formed and price corrected the whole Bullish move we’ve had on Tuesday retracing to the recent Daily Range Zone, there is a probability for the next 2 Daily candles (Thursday & Friday) to range.
by SalimFX20
XAUUSD Technical Analysis 20.12.2023 1h chart– Previous Daily candle closed strong Bullish around 2040.100 above Daily Resistance formed on Friday 15th December 2023. – Buys on close above 2044.500 targeting 30min Resistance formed on 4th December 2023 around 2050.500, Leaving Runners to the 1h previous Rejection formed on 4th December 2023 around 2057.800 – Sells on close below 2036.700 targeting 30min previous Resistance formed around 2031.500, Leaving Runners to the 1h Support formed around 2025.500. – High Impact News ahead of the New York session for the US Dollar, CB Consumer Sentiment and Existing Home Sales, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 20.12.2023 1h chart– Previous Daily candle closed strong Bullish around 183.080 retesting Daily Resistance formed on Tuesday last week (12.12.2023). – Buys on close above 183.420 targeting 1h Resistance formed at 184.010, Leaving Runners to the 4h previous Support formed on 8th November 2023 around 184.590. – Sells on close below 182.610 targeting 1h previous Resistance formed on 19th December 2023 around 181.900, Leaving Runners to the next 1h previous Resistance formed around 181.290. – High Impact News ahead of the Pre London session for the Pound Sterling. CPI y/y forecasted at 4.3% previously was 4.6%.
by SalimFX20
XAUUSD Technical Analysis 19.12.2023 1h chart– Previous Daily candle closed Bullish around 2027.300, forming Daily Support around 2019.600 as price almost retest recent Daily Resistance formed on Friday last week. – Buys on close above 2033.800 targeting 4h Resistance formed around 2042.800, Leaving Runners to the 15min Resistance formed around 2048.000. – Sells on close below 2017.500 targeting previous 4h Support formed on 27th November 2023 around 2009.600, Leaving Runners to the Weekly Support formed around 2004.100. – The No Trade Zone area is much bigger than usual due to recent Price Action consolidating on the lower timeframe, also as we approach end of the year it is expected to see a reduce in volume. It is extremely important to wait for strong confirmation with a good risk management plan.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 19.12.2023 1h chart– Previous Daily candle closed small Bullish around 180.550 within the recent Daily range as price consolidates on the lower timeframe. – Buys on close above 181.100 targeting 4h Resistance around 181.560, Leaving Runners to the 30min Resistance formed around 181.950. – Sells on close below 180.070 targeting 1h previous Resistance formed on 14th December 2023 around 179.370, Leaving Runners to the 1h Support formed around 179.010. – High Impact News ahead of the Asian session for the Japanese Yen for review on interest rates, Monetary Policy Meeting Minutes, Monetary Policy Statement, Bank Of Japan Policy Rate followed by Bank Of Japan Press Conference, High Volatility expected
by SalimFX20
XAUUSD Technical Analysis 18.12.2023 1h chart– Previous Weekly candle closed small Bullish around 2019.800 forming Weekly Support around 2004.000, Friday Daily candle closed Bearish forming Daily Resistance around 2036.400. – Buys on close above 2023.500 targeting 1h previous Strong Support formed at 2030.200, Leaving Runners to the Daily Resistance formed on Friday around 2036.400. – Sells on close below 2013.100 targeting 4h previous Resistance formed on 10th December 2023 around 2005.500, Leaving Runners to the 1h previous Resistance formed on 11th December 2023 around 1999.100. – Ideally is allow the Asian session to consolidate forming a new range for the new Weekly candle and anticipate to see decent volume around Pre London / London session open.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 18.12.2023 1h chart– Previous Weekly candle closed Bearish around 180.070 closing below Strong Weekly Support, Friday Daily candle closed Bearish forming Daily Resistance around 181.090. – Buys on close above 180.480 targeting 1h Resistance formed around 180.910, Leaving Runners to the previous Daily Support formed on 8th December 2023 around 181.410. – Sells on close below 179.830 targeting 1h previous Resistance formed at 179.370, Leaving Runners to the 1h Support formed around 179.010. – Ideally is to allow the Asian to consolidate forming a new range for the Weekly candle and anticipate to see decent volume around Pre London / London open.
by SalimFX20
XAUUSD Technical Analysis 15.12.2023 1h chart– Previous Daily candle closed weak Bullish around 2036.400 as price consolidate on the 4h timeframe. – Buys on close above 2043.700 targeting 30min Resistance around 2050.800 Leaving Runners to the 1h previous Rejection formed on 4th December 2023 around 2057.800. – Sells on close below 2030.700 targeting previous Daily Low around 2024.300, Leaving Runners to the previous Daily Support formed on 6th December 2023 around 2018.700. – High Impact News ahead of the New York session for the US Dollar, starting with Empire State Manufacturing Index, Flash Manufacturing PMI, Flash Services PMI followed by Industrial Production m/m. High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 15.12.2023 1h chart– Previous Daily candle closed Bullish around 181.100 forming Daily Support around 180.200 leaving a Rejection to the downside. – Buys on close above 181.230 targeting 1h Resistance around 181.850, Leaving Runners to the 4h previous Support formed around 182.580. – Sells on close below 180.510 targeting 30min Support formed around 180.060, Leaving Runners to the 30min previous Resistance formed around 179.510. – High Impact News ahead of the London session for the Pound Sterling, Flash Manufacturing PMI and Flash Services PMI.
by SalimFX20
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XAUUSD Technical Analysis 14.12.2023 1h chart– Previous Daily candle closed extremely Bullish around 2027.500 forming Strong Daily Support around 1979.300. – Buys on close above 2032.400 targeting 4h Resistance around 2037.700, Leaving Runners to the 15min previous Support formed on 4th December 2023 around 2044.200. – Sells on close below 2024.000 targeting previous 4h Support formed on 5th December 2023 around 2017.400, Leaving Runners to the previous 4h Support formed on 27th November 2023 around 2010.000. – High Impact News ahead of the New York session for the US Dollar, Core Retail Sales m/m, Retail Sales m/m and Unemployment Claims, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 14.12.2023 1h chart– Previous Daily candle closed strong Bearish around 180.210 breaking below recent Daily Support formed last Friday 8th December 2023. – Buys on close above 180.750 targeting previous Weekly Support formed on 30th October 2023 around 181.280, Leaving Runners to the 1h Resistance formed around 181.830. – Sells on close below 179.920 targeting 15min previous Resistance formed on 28th July 2023 around 179.250, Leaving Runners to the previous Weekly Low targeting a potential Wick Fill around 178.520. – High Impact News ahead for the Pound Sterling as Bank Of England review interest rate. Monetary Policy Summary, MPC Official Bank Rate Votes and the Official Bank Rate decision forecasted to maintain at 5.25%. high volatility expected.
by SalimFX20
XAUUSD Technical Analysis 13.12.2023 1h chart– Previous Daily candle closed weak Bearish around 1979.300 leaving a Rejection wick around 1996.800. – Buys on close above 1983.700 targeting 1h Strong Resistance formed around 1988.500, Leaving Runners to the 1h previous Support formed around 1992.800. – Sells on close below 1976.000 targeting 4h Support formed around 1968.100, Leaving Runners to the previous Daily Resistance formed on 15th November 2023 around 1963.300. – High Impact News ahead for the US Dollar at the New York session starting with Core PPI m/m and PPI m/m. later on followed by Federal Funds Rate, FOMC Economic Projections, FOMC Statement and the FOMC Press Conference, Federal Reserve expected to maintain interest rates at 5.50%. High Volatility expected.
OANDA:XAUUSD
by SalimFX20