Dollar index wakey, wakey, and doesn't want to cooperate to allow gold to go higher.

Coreg's EW+HP+D/W Range

Whale, as of right now, it doesn't look good even on the 15M chart, but you are right, at least 5196.36 has to break if gold wants to go higher. image

Coreg's EW+HP+D/W Range

Potential one swing up as long as gold stays above the 5140 level

Coreg's EW+HP+D/W Range

It might be tough trading for the bulls for the rest of the week b/c 100%weeklyATR(14) already hit, unless bulls get some boost from an unknown source. Day traders always find setups on the lower TFs. 1.3450 is the level to watch.

Coreg's EW+HP+D/W Range

Bacis, I can't give you advice on how to trade because I know nothing about your trading method, account size, targets, or tolerance for downturns. Besides, I dedicated this thread to present my technical analysis. I'm a pattern trader with tons of ...

Coreg's EW+HP+D/W Range

After some struggle, GU finally hit the 1.3482 minimum target.

Coreg's EW+HP+D/W Range

Gold hit the anticipated resistance zone at YH. Now all eyes are on the 5225 level (the end of the AB=CD pattern)

Coreg's EW+HP+D/W Range

The setup for gold was good for 80 pts/pips so far.

Coreg's EW+HP+D/W Range

Absolutely outstanding day. Enjoy.

Coreg's EW+HP+D/W Range

Abeylyn, that's why the first task is to choose the setup time frame, whatever your preference is: weekly, daily, 4H, or 1H. Analyze the market on the TF of your choice, mark AOI (support, resistance, S/D zones, liquidity, order blocks, whatever). ...

Coreg's EW+HP+D/W Range

1.3428 back in play...you never know, as long as C @1.3253 holds.

Coreg's EW+HP+D/W Range

Gold reversed nicely in the exhaustion zone (the yellow box) but might struggle to break out of the supply zone at 5155-5184, if it gets there.

Coreg's EW+HP+D/W Range

GU after hitting the reversal zone (the yellow box with S2), trying to close the gap. image

Coreg's EW+HP+D/W Range

Not too much change with the DXY from my last warning. Still has a problem overcoming the 99.50 level

Coreg's EW+HP+D/W Range

Is gold going to recover from this ugly bearish engulfing bar on 1H TF? image

Coreg's EW+HP+D/W Range

The market didn't cooperate and reversed before reaching 1.3428. Is GU going to close the gap?

Coreg's EW+HP+D/W Range

... image

Coreg's EW+HP+D/W Range

update...

Coreg's EW+HP+D/W Range

Again, the Oanda.com platform is down. Do you have the same problem?

Coreg's EW+HP+D/W Range

If the ABC pattern is in place ([email protected]), we should target 1.3428-1.3482. My platform was down, but I was just able to go online.

Coreg's EW+HP+D/W Range