XAUUSD Technical Analysis 08.03.2023 1h chart

– Previous Daily candle closed strong Bearish at 1812.600 respecting Daily Resistance that was formed on Monday this week.
– Buys on close above 1820.100 targeting 4h previous Support formed on 28th February 2023 around 1826.500, Leaving Runners to the 15min Resistance formed at 1831.800.
– Sells on close below 1809.100 targeting Daily Support formed on 29th December 2022 at 1803.700, Leaving Runners to the Weekly previous Resistance formed on 5th December 2022 at 1797.900.
– ADP Non-Farm Employment Change data report to be released 15min after New York session opens, followed by JOLTS Job Openings and Fed Chair Powell to testify about Semi-Annual Monetary Policy Report before the House Financial Services Committee in Washington DC.