XAUUSD Technical Analysis 13.10.2022 1h chart

– Previous Daily candle closed Bullish at 1673.300 forming Daily Support at 1666.100 but the 4h still within the Consolidation Zone.
– Buys on close above 1675.900 targeting previous Daily High as a wick fill and 4h Resistance at 1681.000, Leaving Runners to 30min Resistance at 1686.000.
– Sells on close below 1667.000 as price breaks a major 1h / 30min Support targeting 4h / 1h Strong Support at 1662.600, Leaving Runners to the next 1h Strong Support at 1658.200.
– CPI m/m : Prev : 0.1% / Forecast : 0.2%
– CPI y/y : Prev :8.3% / Forecast 8.1%
– Core CPI m/m : Prev : 0.6% / Forecast : 0.4%
– Unemployment Claims : Prev : 219k / Forecast : 225k.
– High volatility expected Thursday this week especially at the New Yok Session opens as High Impact data news for the US Economy.