XAUUSD Technical Analysis 01.12.2023 1h chart

– Previous Daily candle closed Bearish around 2036.100 forming Daily Resistance around 2044.400.
– Buys on close above 2039.800 targeting 4h Resistance formed around 2045.200, Leaving Runners to the 1h Resistance formed around 2050.000.
– Sells on close below 2033.200 targeting 30min previous Resistance formed around 2027.600, Leaving Runners to the 15min Support formed around 2023.500.
– High Impact News ahead of the New York session for the US Dollar, USD Manufacturing PMI, USD Manufacturing Prices, We have Federal Reserve Chair Jerome Powell due to participate in a fireside chat titled ” Navigating Pathways to Economic Mobility ” in Atlanta. Later on again Fed Chair Powell due to participate in a roundtable discussion at Spelman College in Atlanta.