XAUUSD - Gold 1H 2023-06-27

Gold on the 1-hour timeframe, exhibited a Bearish closure in the previous Daily candle at 1913.540, just below the Daily support which was established on Friday, June 23rd, 2023. This has resulted in the formation of a new Daily resistance level at 1926.040. Given these developments, I will be carefully monitoring for potential selling opportunities, particularly taking into account the forthcoming high-impact news that will precede the New York session.