XAUUSD Technical Analysis 17.08.2023 1h chart

– Previous Daily candle closed Bearish at 1891.900 breaking below Strong Key Level (2000s), Overall price has been ranging between 1900s and 1907 prior to the drop below 1900s.
– Buys on close above 1898.400 targeting 4h Resistance formed at 1905.400, Leaving Runners to the next 4h Resistance formed at 1912.000.
– Sells on close below 1887.700 targeting 30min previous Resistance formed on 13th March 2023 at 1880.200, Leaving Runners to the 1h Support formed on 13th March 2023 at 1873.200.
– High Impact News ahead of the New York session for the US Dollar as follow : Unemployment Claims and Philly Fed Manufacturing Index, High Volatility expected during this session