XAUUSD Technical Analysis 27.01.2023 1h chart – Previous Daily candle closed Bearish at 1929.200 forming Daily Resistance at 1946.400 as current Weekly candle retracing to possibly closing below Monthly Resistance formed in April 2022. – Buys on close above 1931.500 targeting 4h Resistance at 1937.800, Leaving Runners to the 30min Resistance at 1943.800. – Sells on close below 1922.000 targeting 1h Support at 1916.500, Leaving Runners to the 1h previous Support formed on 19th January 2023 at 1912.600. – High Impact News ahead for the Core PCE Price Index m/m 30min after New York session open, followed by Pending Home Sales m/m and Revised UoM Consumer Sentiment during the New York Stock Exchange session.