My analysis on AU
Price is at a weekly demand zone and minor break of structure and is heading to 4 hr supply. Price can possibly break the 4 hr structure and retest that area to continue bullish and possibly can create a new demand area. I don't see any important imbalance yet (always double check and do your own analysis).But the price action is indicating a strong bullish push. I haven't check any news drops yet so be aware of that, this is strictly technicals. You can day trade to all 3 TPs or scalp on lower timeframes. My TPs are chosen by the previous market structure. I only used market structure,S/D, price action, and timeframe correlation in this markup. If you see anything different or I missed anything please feel free to leave a comment I would love to sharpen my skills. Hope everyone have a great trading week.
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