XAUUSD Technical Analysis 29.12.2022 1h chart

– Previous Daily candle closed Bearish at 1804.300 forming new Daily Resistance at 1814.000.
– Buys on close above 1814.000 targeting 4h Resistance at 1819.600, Leaving Runners to the 1h Resistance at 1824.800.
– Sells on close below 1802.600 targeting 1h Support at 1798.000, Leaving Runners to the Daily Support formed on Friday 23rd December 2022 at 1792.600.
 Low volume is expected within this week (Last trading week for 2022) so preferably not to take or force any trades and if you do, Make sure to manage risk, Analysis will be posted everyday as always to give traders a guide on where price could possibly go.