Gold Spot / U.S. Dollar
Updated

XAUUSD can move higher 🦐

842
GOLD after my previous idea broke as expected the confluence zone between the descending trendline and the resistance structure.
The price is now in a minor distribution phase.

According to Planctonìs strategy IF the market will break above we can set a nice long order for a bullish continuation.
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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
Note
snapshot trading below the trendlin
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snapshot 4% since my first call, all thanks to Plancton's strategy
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snapshot 5% move
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snapshot testing the weekly resistance
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snapshot 5.7% call

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