Gold is playing around weekly and daily level.
In Monthly level, price already gave hint possible bullish structure in daily level
Weekly also gave rejection at 1807 and didn't respect HnS sell level 1834,65 (Hint : High Probability for early bullish)
For next week (May 23th - May 27th) we need to focus first in daily storyline
Right now, price inside daily pivot zone (1838 - 1852)
The best strategy is waiting the next daily candle (May 24th) -- to see price make rejection or breakout -- or wait until H1 make bearish structure when touch 1852 - 1857
If daily candle make rejection from 1838, price possible get back to Weekly level (1807 - 1811) or go to Daily level (1824)
If daily candle make breakout 1852, price possible go up until 1838 or pullback to 1833 or 1824
In Monthly level, price already gave hint possible bullish structure in daily level
Weekly also gave rejection at 1807 and didn't respect HnS sell level 1834,65 (Hint : High Probability for early bullish)
For next week (May 23th - May 27th) we need to focus first in daily storyline
Right now, price inside daily pivot zone (1838 - 1852)
The best strategy is waiting the next daily candle (May 24th) -- to see price make rejection or breakout -- or wait until H1 make bearish structure when touch 1852 - 1857
If daily candle make rejection from 1838, price possible get back to Weekly level (1807 - 1811) or go to Daily level (1824)
If daily candle make breakout 1852, price possible go up until 1838 or pullback to 1833 or 1824
