XAUUSD Technical Analysis 9th July 2024 1h chart

– Monday Daily candle closed strong Bearish around 2359.200 forming Daily Resistance around 2391.200 as the whole Bullish move from Friday session has been corrected. I’ll be looking for potential Buys above 2362.000 targeting 1h previous Support formed around 2370.000 Leaving Runners to the 30min Resistance formed around 2377.200. I’ll be looking for potential Sells below 2350.800 targeting 30min Support formed around 2343.200 Leaving Runners to the 4h previous Support formed on 28th June 2024 around 2337.000. High Impact News ahead of the New York Stock Exchange session as Federal Chairman Jerome Powell due to testify about the Semi-Annual Monetary Policy Report before the Senate Banking Committee in Washington DC and Treasury Secretary Yellen due to testify on the state of the international financial system before the House Financial Services Committee in Washington DC as well.