GOLD on the 4h chart is moving inside a retracement channel.
The market is trading near to a weekly structure and is looking for a clear direction.
If the market will break below we can see the price pushing to the 1700 level while if the price will hold the support and provide us a sign of inversion we will check for a nice long order. --–– 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