XAUUSD Technical Analysis 21.02.2023 1h chart

– Previous Daily candle closed weak Bullish at 1843.700 as price broke the previous Daily High then retraced and closed within the Friday Daily High.
– Buys on close above 1847.700 targeting Daily Resistance formed at 1854.400, Leaving Runners to the 4h Resistance formed at 1859.400.
– Sells on close below 1838.600 targeting 15min Support formed at 1834.400, Leaving Runners to the 1h previous Resistance formed on Friday 17th February 2023 at 1829.700.
– We have Flash Services PMI, Flash Manufacturing PMI and the Existing Home Sales data during the New York Stock Exchange session.