XAUUSD 9/5/21
Sunday Pre market analysis for the week
Weekly candle stick closed as a big bullish
engulfing candle stick engulfing previous 3 candles
breaking above moving averages
Daily: Two really big bullish engulfing candles
finally breaking above a strong level that sellers
were holding Fridays candle stick clsoed as a
strong bullish engulfing candle but found some
resistance looking for price to come back and
test two levels that are strong resistance and
support
H4: Price has created a new higher now looking
for a retracement to find a new higher low two
levels I am interest in to take longs
Weekly candle stick closed as a big bullish
engulfing candle stick engulfing previous 3 candles
breaking above moving averages
Daily: Two really big bullish engulfing candles
finally breaking above a strong level that sellers
were holding Fridays candle stick clsoed as a
strong bullish engulfing candle but found some
resistance looking for price to come back and
test two levels that are strong resistance and
support
H4: Price has created a new higher now looking
for a retracement to find a new higher low two
levels I am interest in to take longs
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