XAUUSD Technical Analysis 12.05.2022 1h chart

The previous daily candle closed Bullish forming Support on the Daily Time Frame around 1839.
Buys on close above 1854.900 targeting 30min Resistance at 1858.800 leaving Runners to 4h Strong Resistance at 1862.400.
Sells on close below 1847.000 targeting Daily Support at 1839.600 leaving Runners to 4h Support at round 1832.900.
We have High and Med Impact News 30min after NY Open starting with PPI m/m , Core PPI m/m, and Unemployment Claims as good numbers are expected