XAUUSD Technical Analysis 17.07.2023 1h chart

– Previous Weekly candle closed strong Bullish at 1955.500 respecting recent Weekly Support, Friday Daily candle closed Bearish forming weak Daily Resistance at 1960.700.
– Buys on close above 1963.200 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 1951.100 targeting 15min previous Resistance formed at 1947.100, Leaving Runners to the 15min Support formed at 1943.000.
– High Impact News ahead on the New York session for Empire State Manufacturing Index.