MARKET OUTLOOK FOR XAUUSD ON 23/05/2024

Market Outlook for XAUUSD today.
Looking at the Gold now, we can see that yesterday's candle closed Strong Bearish when it dropped to 2375 but failed to break the level.
So today, since the market is sitting on Daily support, it can Buy from there because it's a Break and Retest.
But if it falls to Retest and breaks, then we should expect Gold atb2357
And 2337 zones.

Be open to both scenarios and allow the market to play out, when you see an opportunity, you go into it and pick some trades.


All you need is patience and allow the market to pay out. When you see an opportunity , then you enter.

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