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InkyGrip
Sep 9, 2021 7:17 AM

GOLD triple top at the 0.618 🦐 

GoldOANDA

Description

GOLD on the daily chart got rejected by the confluence point at the daily resistance.

The price created a triple top on the 0.618 Fibonacci retracement level and now is moving to the support structure.

According to Plancton's strategy if the price will break below we will set a nice short order following our Academy rules.

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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

Comment

market is looking for confirmation

Comment

no break yet

Comment

consolidation over the support
Comments
Tradersweekly
It seems as if gold wants to be stuck between 1750 USD and 1840 USD for indefinite amount of time. Thank you very much for sharing.
InkyGrip
@Tradersweekly, thanks, we will wait confirmations as usual of the break 🦐
ForexTrendline
Nice one, check out our update as well
InkyGrip
@ForexTrendline, thanks for sharing mate 🦐
ProSignalsFx
I happen to agree!
InkyGrip
@ProSignalsFx, appreciate your feedback 🦐
KlejdiCuni
I agree with you!
InkyGrip
@KlejdiCuni, excellent 🦐
dexterous66
this fall was a bullback to broken resistance. please see my last pist
InkyGrip
@dexterous66, thanks for sharing your vision 🦐
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