XAUUSD Technical Analysis 11.10.2022 1h chart

XAUUSD Technical Analysis 11.10.2022 1h chart
– Previous Daily candle closed strong Bearish at 1668.300 back below strong Daily Resistance formed on 22nd September 2022.
– Buys on close above 1671.800 targeting 1h Resistance at 1677.000, Leaving Runners to the next 1h Resistance at 1680.600.
– Sells on close below 1665.900 on the break of the previous Daily Low targeting 1h Strong Support at 1661.000, Leaving Runners to the 1h previous Resistance formed on 29th September 2022 at 1655.800.
– Based on higher timeframe the current Monthly candle formed a nice Liquidity Wick to the upside respecting the previous Monthly High, We have 1644 to retest the Weekly Support and Daily Support at around 1622.500.
– FOMC Member Mester due to speak at the Economic Club of New York after London Close.