I first posted about XRF on the 23 of May.XRF postAt the time I...

I first posted about XRF on the 23 of May.
XRF post
At the time I highlighted that the weekly had found support on a previous High.
I should have also said that support was formed by a "gap down reversal bar" or "engulfing candle" close to a rising weekly ma.
Looks like XRF has now broken out of trading ranges (ie: or corrective structures) on the weekly & daily.
The daily breakout looks like a WRB (wide range bar) where the low formed at the shallow part of a 5 day range, one that is of a higher quality vs (from deep within the range).