GOLD on the 4h chart tested perfectly the weekly trendline and the support structure at the 1800 area. The price is now trading below a descending trendline and we can expect some bullish moves.
How can we approach this scenario?
I will check for a potential break of the minor resistance at the 1830 and in that case I will consider a nice long order according to the Plancton's strategy rules.
--–– 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