XAUUSD Technical Analysis 09.06.2023 1h chart

– Previous Daily candle closed strong Bullish at 1965.600 forming new Daily Support around 1940.100.
– Buys on close above 1970.600 targeting Daily Resistance formed at 1977.600, Leaving Runners to the 1h Resistance formed at 1982.700.
– Sells on close below 1961.800 targeting 1h previous Support formed on Wednesday 7th June 2023 at 1955.800, Leaving Runners to the 1h previous Resistance formed at 1949.400.
– There is a higher probability for price to retest Daily Resistance formed on Friday last week as the Thursday Daily candle corrected the whole bearish move from Wednesday and also closed above it.