XAUUSD Technical Analysis 25.05.2022 1h chart

– Previous Daily candle closed strong Bullish above the previous Daily Support formed on (03.05.2022).
– Buys on close above 1869.800 targeting 1h Resistance at 1875.100 leaving Runners to 1h Strong Resistance at 1881.200.
– Sells on close below 1862.900 targeting 1h Support at 1856.200 leaving Runners to 1h Strong Support formed at 1850.100.
– Core Durable Goods Orders m/m and Durable Good Orders m/m data release 30min after NY Open followed by FOMC Meeting Minutes later on the NY Session.