XAUUSD Technical Analysis 25.10.2022 1h chart

– Previous Daily candle closed Bearish at 1649.500 forming Daily Resistance at 1657.700 and rejecting Daily Resistance formed on 13th October 2022.
– Buys on close above 1652.400 targeting Daily / 4h Resistance formed at 1658.400, Leaving Runners to the Daily previous Support formed on 12th October 2022 / 4h Resistance at 1666.100.
– Sells on close below 1645.500 targeting 1h Support at 1639.400, Leaving Runners to the 15min Support formed at 1630.000.
– High Impact News data for CB Consumer Confidence and Richmond Manufacturing Index during New York Stock Exchange Session, later on the day we have FOMC Member Waller due to speak about digital innovations, payments evolution, and the future of the US financial landscape at Money 20/20 in Las Vegas.