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XAUUSD Technical Analysis 03.11.2023 1h chart

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– Previous Daily candle closed small Bullish around 1986.100 forming weak Daily Support around 1982.300.
– Buys on close above 1990.500 targeting 1h previous Support formed around 1995.600, Leaving Runners to the 1h Resistance formed around 2002.500.
– Sells on close below 1981.200 targeting 4h Support formed around 1977.200, Leaving Runners to the Daily Support formed around 1970.900.
– High Impact News ahead of the New York session for the US Dollar, Starting with Average Hourly Earnings m/m, Non-Farm Employment Change, Unemployment Rate, followed by ISM Services PMI. High Volatility expected.

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