GOLD for a lower low 🦐

GOLD on the 4h chart broke and retest the weekly (red) structure and turn the previous support into a resistance area.
The market after the bearish impulse retest the 0.382 Fibonacci level and some more short pressure can be expected.

How can i approach this scenario?

I will wait for foe the EU market open and if the price will break below the support area i will be looking for a nice short order according to the Plancton's strategy rules.


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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