✅ The previous Daily candle closed Strong Bullish at 1734.700 breakings and closing above the Daily Resistance formed on (25.07.2022) and (14.07.2022) as Federal Reserve increased Bank Rate to 2.50% from 1.75% at yesterday’s FOMC Meeting in order to combat the rising Inflation.
✅ Buys on a close above at 1740.400 targeting 4h / 1h Resistance at 1745.000 leaving...
XAUUSD Technical Analysis 27.07.2022 1h chart
✅ Previous Daily candle closed Weak Bearish at 1717.500 respecting Daily Resistance formed on Monday.
✅ Buys on close above 1721.600 targeting 30min Support at 1727.100 leaving Runners to Daily / 1h Resistance at 1735.200.
✅ Sells on close below 1716.000 targeting 1h Support at 1711.700 leaving Runners to the...
XAUUSD Technical Analysis 26.07.2022 1h chart
✅ Previous Daily candle closed Bearish forming Resistance at 1727.600 respecting the previous Highs and Lows of the previous day and closing at 1719.800.
✅ Buys on close above 1721.600 targeting 4h Resistance at 1729.000 leaving Runners to Daily / 1h Resistance at 1735.200.
✅ Sells on close below 1714.800...
XAUUSD Technical Analysis 25.07.2022 1h chart
✅ Previous Weekly candle closed Bullish at 1728 forming Support at 1707.400, the last 2 trading days of the last week have had a huge pullback as the price tapped 1680 the previous Daily Support formed on the 8th and 31st of March 2021 grabbing Liquidity on the higher timeframe.
✅ Buys on a close above 1734.700...
XAUUSD Technical Analysis 22.07.2022 1h chart
Previous Daily candle closed Strong Bullish above the most recent Daily Resistance forming Support at 1697.800 breaking the previous Daily High and Low.
Buys on close above 1720.300 targeting 30min Resistance at 1727.700 leaving Runners to 1h Resistance at 1732.300 and price could potentially tap the Daily...
