XAUUSD Technical Analysis 14.02.2023 1h chart

– Previous Daily candle closed Bearish at 1853.700 breaking the recent Daily Support formed on Friday at 1861.700 and forming new Daily Resistance at 1865.300.
– Buys on close above 1858.000 targeting 1h Resistance at 1862.300, Leaving Runners to the Daily / 4h Resistance at 1866.000.
– Sells on close below 1850.400 targeting 1h Support at 1843.700 , Leaving Runners to the 4h previous Resistance formed on 6th January 2023 at 1837.600.
– We have CPI m/m, CPI y/y and Core CPI m/m data to be released 30min after New York session opens.