XAUUSD Technical Analysis 17.11.2022 1h chart

– Previous Daily candle closed Bearish at 1773.700 forming Daily Resistance at 1778.400.
– Buys on close above 1783.600 targeting Daily previous Support formed on 12th August 2022 at 1789.400, Leaving Runners to the Weekly / Daily Resistance at 1802.000.
– Sells on close below 1767.900 on the break of the 1h Support targeting 4h Support at 1757.200, Leaving Runners to the 1h Support formed at 1750.200.
– We have some High and Medium Impact News during the New York Session, Philly Fed Manufacturing Index, Unemployment Claims to the FOMC Member Speakers during the New York Session.