XAUUSD Technical Analysis 20.12.2022 1h chart – Previous Daily candle closed Bearish at 1787.700 forming Daily Resistance at 1793.200. – Buys on close above 1797.400 as price breaks above 1h Resistance formed during London Session Monday targeting Weekly Resistance at 1802.200, Leaving Runners to the 1h Resistance at 1807.900. – Sells on close below 1786.000 as price breaks below 1h Support formed during London Close Monday targeting 30min Support at 1782.500, Leaving Runners to the Daily Support at 1776.900. – Despite the big moves on the lower timeframe price is still Ranging on the Daily timeframe respecting the previous Weekly Resistance formed on 14th November 2022.