XAUUSD Technical Analysis 14.07.2023 1h chart

– Previous Daily candle closed small Bullish at 1960.700 as price have been consolidating on the 4h and 1h timeframe throughout the Thursday trading sessions.
– Buys on close above 1963.800 targeting Weekly previous Support formed on 3rd April 2023 at 1969.200, Leaving Runners to the 4h previous Support formed on 2nd June 2023 at 1975.300.
– Sells on close below 1954.500 targeting 15min previous Resistance formed at 1947.100, Leaving Runners to the 15min Support formed at 1943.000.
– High Impact News ahead of the New York session, Prelim UoM Consumer Sentiment and Prelim UoM Inflation Expectations.