XAUUSD looking for a deeper retracement? ðŸĶ

āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:
GOLD on the 4h chart is providing us a deeper retracement outlook.
The price after the recent test of the weekly resistance is testing the 0.618. Fibonacci level above a dynamic support.

How can i approach this scenario?

I will wait for the European market open and check for a possible break of the trendline.
In that case, i will look for a nice short order according to the Plancton's strategy rules.

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Follow the Shrimp ðŸĶ

Keep in mind.
ðŸŸĢ Purple structure -> Monthly structure.
ðŸ”ī Red structure -> Weekly structure.
ðŸ”ĩ Blue structure -> Daily structure.
ðŸŸĄ Yellow structure -> 4h structure.
âšŦïļ 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
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• totally as expected
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• the price reached the 1850 area as expected
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• the price reached the 1830 support area
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• A 2.7% profit
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• a 4.3% profit here
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• perfect call and test of the ascending trendline
240minFibonacci RetracementGoldgoldtradingTrend AnalysisXAUUSD

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