GOLD Weekly, Daily analysis 🦐

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GoldĀ has reached in the last weeks a key level of 2072 and retraced back below the 2000 level.
On the weekly chart (left) we can see that market found support on a weekly structure and price retrace till the 0.618 fib level and went back up at the 0.5.
On theĀ daily chartĀ (right) the market testing the discendingĀ trendlineĀ and creating a triangle pattern.
We can expect the price to break above the discendingĀ trendlineĀ and the upper daily structure to test the recent highs.
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Follow the Shrimp 🦐

Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.

Penafian

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