XAUUSD Technical Analysis 14.09.2023 1h chart

– Previous Daily candle closed small Bearish at 1908.300 as price continue to consolidate on the 4h timeframe.
– Buys on close above 1913.800 targeting 1h Resistance at 1919.900, Leaving Runners to the next 1h Resistance formed around 1923.900.
– Sells on close below 1905.600 targeting 4h previous Resistance formed on 22nd August 2023 at 1900.100, Leaving Runners to the 4h Support formed around 1896.400.
– High impact news ahead of the New York session for the US Dollar, starting with Core PPI m/m, Core Retail Sales m/m and PPI m/m. followed by Retail Sales m/m and Unemployment Claims, High Volatility expected during the news release