XAUUSD Technical Analysis 16.09.2022 1h chart

– Previous Daily candle closed strong Bearish at 1660.600 as a price breaks a Major Daily and Weekly Support at 1685.000.
– Buys on close above 1666.000 targeting 30min Strong Resistance at 1671.500 leaving Runners to 30min previous Support (Candle Low) at 1680.600.
– Sells on a close below 1660.600 targeting the Major Key Level at 1650.000 as we have clean traffic on the higher timeframe, leaving Runners to Daily Support at 1645.600.
– High Impact News for Prelim UoM Consumer Sentiment and the Med Impact News for Prelim UoM Inflation Expectations to be released 30min after New York Stock Exchange Open.