XAUUSD 7/9/21
Daily: Price is in a strong bullish trend both moving
averages have now crossed blue over red showing
that there is more buying pressure within the
market price has broken above resistance and now
looks to have come back to retest it
H4: Price is trending bullish giving me Higher high
points and higher low points has created a new
higher high and has now corrected that bullish
push and has now pulled back to desired PRZ
level (61.8) now to look for signs of a shift in
momentum
H1: Price has given me a rejection candle stick
at previous resistance now possibly holding as a
level of support looking for a price action signal
or break of structure on m15 of 5m time frames
averages have now crossed blue over red showing
that there is more buying pressure within the
market price has broken above resistance and now
looks to have come back to retest it
H4: Price is trending bullish giving me Higher high
points and higher low points has created a new
higher high and has now corrected that bullish
push and has now pulled back to desired PRZ
level (61.8) now to look for signs of a shift in
momentum
H1: Price has given me a rejection candle stick
at previous resistance now possibly holding as a
level of support looking for a price action signal
or break of structure on m15 of 5m time frames
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