Gold Spot / U.S. Dollar
Updated

XAUUSD Outlook 23/5/23 Volatile Tuesday

756
Good evening Gold Gang!! hope you've had a safe day in this horrible price action.

Lack of news and bank holiday in canada has left us with terrible volume with false breaks twice. Not ideal, or frequent, but correct risk management saved the day once again.

Tomorrow we have a fair few news items, so im expecting some VOLUME to return to the gold market. bring it on.

The current range needs to clear the blue box in order to reach sell zones. The box is there to show a very strong 4hr zone there that will take some breaking. Once broken, price should move down nicely.

Buys are same as today above this current range of crap.

As usual, ill be on during the day to update on price movements, so make sure you are following my page!

See you in the morning for london open, good luck anyone trading asian session as the volume hasnt been great in that session as of late.

Please like and boost this post if you found it helpful

tommyXAU

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1 pip from target on that last push lol .. cant say fairer than that. Well done to anyone in the sells.
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Updated zones for the NY session. Watch the news .. it can cause mania.

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Target destroyed ... BOOP. Look at that accuracy wow

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