XAUUSD Technical Analysis 02.02.2023 1h chart

– Previous Daily candle closed strong Bullish at 1950.000 (Strong Key Level) as the Federal Reserve raise rates by 0.25% from 4.50% to 4.75%.
– Buys on close above 1957.700 as price breaks above the Daily Resistance formed on 21st April 2022 targeting 4h previous Support formed on 13th April 2022 at 1964.000, Leaving Runners to the next 4h previous Support formed on 14th April 2022 at 1971.100.
– Sells on close below 1947.400 targeting 15min Support at 1941.200, Leaving Runners to the 1h previous Resistance formed on 30th January 2023 at 1934.500.
– Unemployment Claims ahead for the US forecasting 196k / Previous : 186k, Data to be released 30min after New York session opens.