GOLD daily analysis 🦐

GOLD on the daily chart after the triple test of the support area at the 1680 level is moving between 2 narrowing trendlines .

The price after the recent high has reversed exactly over a daily structure at the 0.786 Fibonacci level and according to Ploancton's strategy IF the market will break above the resistance area and satisfy the Academy conditions we will set a nice long order.

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Follow the Shrimp

Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger

코멘트:

resistance rejection

코멘트:

the market never break above, no trigger

코멘트:

we want to see a break over the confluence to evaluate a position

코멘트:

ready for the break

코멘트:

resistance rejection