GOLD back to the 1740? 🦐

XAUUSD on the 4h chart turned perfectly at the 0.9886 Fibonacci level and is trading now above the 0.786.
We can expect during this week a further move to the upside and a test of the 0.5 area.

How can I approach this scenario?

I will wait for the EU market open and if the market will satisfy the Academy rules I 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

Kommentar:

looking for the 1715 level break

Kommentar:

resistance rejection