GOLD a turn at the 0.618 🥇🦐

By InkyGrip
Updated
GOLD on the 4h chart is moving in an ascending channel.

The market retraced at a confluence point to the lower trendline exactly at the 0.618 Fibonacci retracement.

According to Plamcton's strategy if the price will break above the counter trendline and will satisfy the ACADEMY conditions we will set a nice long order.
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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
snapshot perfect trendline rejection
0618Ascending ChannelDescending ChannelFibonacci RetracementGoldTrend AnalysisXAUUSD

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