Gold has been in a bullish trend, however the recent price action suggests that the momentum is losing steam and the price is trading above the 1900 area support. This can be seen as a sign of consolidation or a potential pullback.
Traders should keep a close eye on the 1900 level, as a break below this support could signal a larger pullback. On the other hand,...
EURSGD after the last impulse until the 1.61500 got rejected and sharply moved back to the support area.
IF the market will break below, according to Plancton' strategy, we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
