After our previous ideas (Link below) Gold creates a series of lower lowe lower high move and deliver since our first idea a 5% move in our favour.
Until there will be no sign of inversion on the 4h and the 1d timeframe our bias remains bearish therefore we will be looking for potential retrtacent to provide us a new entry or a possible break of the support to confirm the current bias.
The price is currently testing the daily structure at the 1810 and a break of it will be a key factor for many byu stops, that could drive price lower and we ll be ready to take the new short opportunity according to the Plancton's strategy rules.
Until there will be no sign of inversion on the 4h and the 1d timeframe our bias remains bearish therefore we will be looking for potential retrtacent to provide us a new entry or a possible break of the support to confirm the current bias.
The price is currently testing the daily structure at the 1810 and a break of it will be a key factor for many byu stops, that could drive price lower and we ll be ready to take the new short opportunity according to the Plancton's strategy rules.
Comment:
possible break below now
