XAUUSD Technical Analysis 12.12.2022 1h chart

– Previous Weekly candle closed Doji Bearish at 1797.800 as the previous Weekly Resistance formed at 1771.300 was retested then rejected and retracted back to Entry.
– Buys on close above 1800.300 targeting 1h Resistance at 1805.300, Leaving Runners to the 4h Resistance at 1811.600.
– Sells on close below 1790.700 targeting 4h / 1h Support at 1787.000, Leaving Runners to the the next 4h Support formed at 1782.000.
– The Friday Daily candle tapped into the Daily Resistance formed on 2nd December 2022 then rejected and closed below, A good setup would be the Daily pulling back to retest 1780s and form Support to then retest the Highs at 1800 and above.