XAUUSD Technical Analysis 19.01.2023 1h chart – Previous Daily candle closed Bearish at 1904.500 leaving a huge Rejection wick to the upside as price retested the Daily Resistance formed on Monday 16th January 2023. – Buys on close above 1908.500 targeting 1h previous Support at 1914.200, Leaving Runners to the Daily Resistance at 1920.200. – Sells on close below 1898.000 targeting 4h Support at 1893.500, Leaving Runners to the 4h previous Support formed on 6th May 2022 at 1880.800. – Philly Fed Manufacturing Index and Unemployment Claims data to be released 30min after New York session open, later on the session we have FOMC Member Brainard due to speak about the economic outlook at the University of Chicago Booth School of Business, in Chicago, Audience questions expected.