XAUUSD Technical Analysis 29.09.2022 1h chart

– Previous Daily candle closed strong Bullish at 1660.100 tapping into the previous Daily Support formed on 21.09.2022.
– Buys on close above 1662.700 as price breaks the previous Daily High targeting 15min Resistance at 1667.500 , Leaving Runners to Daily Resistance at 1673.800.
– Sells on close below 1655.300 targeting 15min Support at 1650.500 leaving Runners to the 4h previous Resistance formed on (26.09.2022) at 1646.600.
– We have the final GDP q/q forecasted at -0.6% / Previous was -0.6%, Unemployment Claims Forecast : 215k / Previous : 213k,  Later at the New York Stock Exchange open we have FOMC Member Bullard due to speak about the economic outlook at a virtual forum on emerging markets, Next we have FOMC Member Mester due to participate in a panel discussion titled “Policy Panel” at the Inflation, Drivers and Dynamics   conference hosted by the Federal Reserve Bank Of Cleveland and the European Central Bank