XAUUSD Technical Analysis 16.06.2022 1h chart

– Previous Daily candle closed strong Bullish forming Daily Support at 1808.500 pulling back to retest the broken Daily Support at 1842 area.
– Buys on close above 1836.000 targeting Daily Wick Fill / 30min Resistance at 1842.000 leaving Runners to Weekly previous Support from (06.06.2022) at 1851.000.
– Sells on close below 1830.500 targeting 30min previous Resistance at 1823.500 leaving Runners to 1h Support / 4h Liquidity grab area from the FOMC Rate decision.
– Philly Fed Manufacturing Index and Unemployment Claims data released 30min after NY Open forecasting positive numbers.