GOLD yesterday lost the bulllish momentum and tested the weekly structure at the 1900 area. Currently, the price broke the trendline and retested it. IF the price will break and close below the structure we can set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
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Support still holds the price
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support broke. As expected
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price testing the 0.618 of the previous bullish leg
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Market bounce over the 0.618. Waiting for a possible break below.
my Analysis