InkyGrip

GOLD ona bearish outlook 🦐

Short
InkyGrip Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD after the last bearish leg reached the lower trendline of a channel and retraced until the 0.5 fibonacci level.
IF the price will break below, according to Plancton's strategy we can set a nice short order.

--––
Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Comment:
price testing the support trendline
Comment:
market seem ready to break below
Comment:
price bounce over the support
Comment:
waiting for a break below the support area
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.