XAUUSD Technical Analysis 23rd May 2024 1h chart

– Wednesday Daily candle closed extremely Bearish at 2378.600 respecting Daily Resistance formed on Tuesday this week and retesting Daily Support formed on Thursday last week around 2376.600. I’ll be looking for potential Buys above 2382.200 targeting Hourly Resistance formed at 2392.000, Leaving Runners to the Strong Key Level point around 2400s anticipating for price to retrace and retest recent broken Supports. I’ll be looking for potential Sells below 2373.000 targeting 4h previous Resistance formed on 13th May 2024 around 2365.000, Leaving Runners to the Hourly Support formed around 2358.000. High Impact News ahead of the New York session for the US Dollar which may create great opportunities in the market.