XAUUSD Technical Analysis 02.06.2023 1h chart

– Previous Daily candle closed strong Bullish at 1977.600 within the recent Daily Resistance formed last week.
– Buys on close above 1983.000 targeting 1h Resistance at 1989.100, Leaving Runners to the Monthly Resistance formed in May 2023 around 1995.100.
– Sells on close below 1975.000 targeting 4h previous Resistance around 1970.000, leaving Runners to the 4h Support formed at 1960.400.
– High Impact News ahead of the New York session for the US Dollar as follow : Average Hourly Earnings m/m, Non-Farm Employment Change and Unemployment Rate. High Volatility expected during the New York session leading to the London session close.