XAUUSD Technical Analysis 18.07.2022 1h chart

– Previous Weekly candle closed strong Bearish around 1707.500.

– Buys on close above 1714.000 targeting 15min Resistance at 1719.800 leaving Runners to 1h previous strong Support that was formed on(13.07.2022) at 1726.000.
– Sells on close below 1702.800 targeting 1h Support from (09.08.2021) at 1693.200 leaving Runners to Daily Support formed on (31.03.2021) at 1685.00.
– As the Weekly candle has only just opened it would be ideal to allow the Asian Session for the price to consolidate then Pre London look for trades as long as there is the good volume within the markets.