XAUUSD Technical Analysis 03.08.2023 1h chart

– Previous Daily candle closed Bearish at 1934.700 respecting the Daily Resistance formed on Tuesday this week.
– Buys on close above 1939.200 targeting Daily previous Support formed on 28th July 2023 at 1944.300, Leaving Runners to the 4h Resistance formed at 1950.000 ( Key Level Retest ).
– Sells on close below 1933.000 targeting 4h previous Resistance formed on 5th July 2023 at 1929.300, Leaving Runners to the Daily Support formed on 11th July 2023 at 1925.200.
– High Impact News ahead for the New York session, Unemployment Claims and ISM Services PMI, High Volatility expected during this session.