Breaking The Highs

2023년 9월 18일

Gold is looking to break through the highs of 1930 this week. The past hour has seen M5 structure be smashed through in a W formation and breaking the mini highs of M15 At 1924 (Please go too xau minds ideas as I have posted my snapshots over there as I am unable too upload the smaller timeframes here. There is heavy resistance between 1926 and 1930 which will likely hit and strike through when volume decides to reappear in the London open. Bullish all round M1 - H4. Higher Timeframes D1 and W1 bearish however weekly does show signs of bullish breakout sooner than later because of the Bullish wedge that can be seen from a glance (I will publish an idea about this later)

For further outlook feel free too give me a private message

Z