XAUUSD Technical Analysis 22nd March 2024 1h chart
– Thursday Daily candle closed weak Bearish around 2181.100 leaving a huge Rejection wick to the upside (Over 350pips) and forming Daily Resistance around 2187.100. I’ll be looking for potential Buys above 2184.200 targeting Hourly Open formed around New York Stock Exchange open at 2191.500 and the broken 4h Support around 2198.700. I’ll be looking for potential Sells below 2174.800 targeting 30min Support around 2167.800 and the previous 4h Resistance formed around 2161.200. High Impact News ahead of the New York session for the US Dollar as Federal Reserve Chairman Jerome Powell due to deliver opening remarks at a Fed Listens Event.
