XAUUSD 1H 24/04/2023

On the 1-hour timeframe, we can see that we are in a bearish range that is delimited between 2011.890 and 1969.305, with the latter being the liquidity point of the range. Thus, we could look for a short operation in the gray delimited zones, with the first one being between 1998 and 1989, and the second one being the zone between 2008 and 2005. Alternatively, we can search for new ranges on a lower timeframe.