GOLD on a potential bull move 🦐

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD on the 4h chart has retested the 0.5 Fibonacci level over a support area .
The price is trading around the 1830 and i will look for a possible break of the descending channel .

How can i approach this scenario?

I will wait for a potential break of the resistance area at the 1840 area and in that case i will look for the Plancton's strategy to set a nice long 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Comment: perfect bounce over the 0.5 Fib


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