GOLD on a retracement move 🦐
GOLD after the last impulse that almost retest the 2k level started a retracement move.
The price is now moving over a support at the 0.618 Fibonacci level and a possible inversion can be seen.
I will monitor the 0.618 the 0.786 and 0.886 as a possible inversion area.
IF the market will provide me a hint of turn from the actual bearish to the main bullish bias once again i will consider a long order according to the Plancton's strategy rules.
The price is now moving over a support at the 0.618 Fibonacci level and a possible inversion can be seen.
I will monitor the 0.618 the 0.786 and 0.886 as a possible inversion area.
IF the market will provide me a hint of turn from the actual bearish to the main bullish bias once again i will consider a long order according to the Plancton's strategy rules.
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