GOLD on a test of the weekly resistance 🦐

GOLD on the 4h chart bounces over the daily support and broke the perfect descending channel .
The price is currently testing the weekly resistance at the 0.382 Fibonacci level.
According to Plancton's strategy IF the price will provide us a sign of inversion and break below we will look for a nice short position.
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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

הערה:

still in a range

הערה:

range

הערה:

still trading within the range

הערה:

range