Gold Spot / U.S. Dollar
Long
Updated

GOLD daily analysis ๐Ÿฆ

1โ€ฏ303
GOLD on the daily chart after the triple test of the support area at the 1680 level is moving between 2 narrowing trendlines .

The price after the recent high has reversed exactly over a daily structure at the 0.786 Fibonacci level and according to Ploancton's strategy IF the market will break above the resistance area and satisfy the Academy conditions we will set a nice long order.

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Follow the Shrimp

Keep in mind.
๐ŸŸฃ Purple structure -> Monthly structure.
๐Ÿ”ด Red structure -> Weekly structure.
๐Ÿ”ต Blue structure -> Daily structure.
๐ŸŸก Yellow structure -> 4h structure.
โšซ๏ธ 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
Note
snapshot resistance rejection
Note
snapshot the market never break above, no trigger
Note
snapshot we want to see a break over the confluence to evaluate a position
Note
snapshot ready for the break
Note
snapshot resistance rejection

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