GU has reached the second support zone, good for 30 pips during the NY session.

Coreg's EW+HP+D/W Range

The dollar index has been indecisive for 15 trading days.

Coreg's EW+HP+D/W Range

Gold is currently at the resistance zone.

Coreg's EW+HP+D/W Range

WCL @1.3456 holds for now.

Coreg's EW+HP+D/W Range

S3 at 1.3420 hit.

Coreg's EW+HP+D/W Range

Gold 30M chart. Nice bounce yesterday of WCL.

Coreg's EW+HP+D/W Range

GU printed yesterday, NR4/NR7, so extended range expected. Note that GU dropped below WCL @1.3456, and today is Wednesday (possibility that GU may stay below to the end of the week). The first resistance is between 1.3449 and 1.3456. image

Coreg's EW+HP+D/W Range

GU 30M image EU 30M image

Coreg's EW+HP+D/W Range

...

Coreg's EW+HP+D/W Range

continuation of the thought process from last week

Coreg's EW+HP+D/W Range

updated chart after morning exuberant move...Always be ready for surprises.

Coreg's EW+HP+D/W Range

And...we have the booster

Coreg's EW+HP+D/W Range

Gold spot.

Coreg's EW+HP+D/W Range

The first resistance level where bulls can encounter a problem is the last week's close @1.3431. GU is in the tight range of 30 pips. Trading won't be fun without an unexpected booster...

Coreg's EW+HP+D/W Range

Intra-day, I have only a futures chart. I trade the last day's range. D TF is also too big for me.

Coreg's EW+HP+D/W Range

...

Coreg's EW+HP+D/W Range

One possible swing up to finish the B-C leg with 5 fractals.

Coreg's EW+HP+D/W Range

GU had a nice run to the downside during the Tokyo session after printing an NR7 bar on the daily TF, reaching 200% DRE. Are we done with the drop for today? 1.3405 level to be watched for potential resistance.

Coreg's EW+HP+D/W Range

How many pips are you willing to risk to determine if GU reverses and reaches your TP2 at 1.3300?

Cable Update (GBPUSD)

After four days, the Euro has finally reached 1.1660.

Coreg's EW+HP+D/W Range