XAUUSD Technical Analysis 01.06.2023 1h chart

– Previous Daily candle closed Bullish at 1962.800 respecting Daily Support formed on Tuesday this week.
– Buys on close above 1967.000 targeting 30min Resistance at 1973.000, Leaving Runners to the 4h Resistance at 1979.800.
– Sells on close below 1960.600 targeting 4h Support at 1954.900, Leaving Runners to the 1h previous Resistance formed on 29th May 2023 at 1949.200.
– High Impact News ahead for the US Dollar during the New York session, starting with ADP Non-Farm Employment Change, Unemployment Claims followed by ISM Manufacturing PMI, ISM Services PMI. Later on the day we have FOMC Member Harker speaking about the economic outlook at an online event hosted by National Association for Business Economics.