XAUUSD Technical Analysis 14.06.2023 1h chart

– Previous Daily candle closed Bearish at 1943.800 leaving a Rejection wick at 1971.200.
– Buys on close above 1947.200 targeting 15min Resistance at 1952.800, Leaving Runners to the 4h previous Support formed around 1957.000.
– Sells on close below 1940.200 targeting 4h Support at 1933.400, Leaving Runners to the previous Monthly Resistance formed in February 2023 at 1928.300.
– High Impact News day ahead for the US Dollar and US Economy, starting with Core PPI m/m and PPI m/m 30min after  New York session opens, Later on the Day we have the Bank Rate for US Dollar, FOMC Economic Projections, FOMC Statement, Federal Funds Rate followed by the FOMC Press Conference.