InkyGrip

Gold: Triple top or Double bottom 🩐

InkyGrip Uppdaterad   
OANDA:XAUUSD   Guld / USA-dollar
Gold on the daily chart shows both signals of inversion, double bottom and triple bottom.

The price is now trading near to a weekly structure and we can see 2 possible scenarios.

If the price will break above we will look for a long position according to Plancton's strategy.
On the other hand if the price will move lower we will search for a short position.
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Follow the Shrimp 🩐

Keep in mind.
🟣 Purple structure -> Monthly structure.
🔮 Red structure -> Weekly structure.
đŸ”” 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
Kommentera:
price is looking for a direction
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