Daily:

We're preparing to become short-term bulls in the market. The levels we're looking for are 1652 and 1640. Its a large range below where we're looking for our entries, hopefully we'll run these entries up towards 1700s. Sitting tight at the moment, not shorting it down here unless we get a signal tomorrow. We'll be patient and wait for our level to come.

With this idea we want to see how it reacts at these levels. Its not just about entering blindly, nothing is guaranteed in the markets. We'll wait for it to find a strong support, form a structure we're looking for then take the entry. It very possible that level can be broken.

1H Levels. There's a right shoulder retest at 1708 that should get done. We also have a level of 1720 we're keeping an eye on, after that its 1740-45. This are good targets for longs (not a signal). We're looking to take small longs of pullbacks but our bias still remains short. We're going to be hunting a good level to short it again for our lower target of 1640.

This is the 1H chart. Previous one is 15M

We're looking for this level for a reaction.

Members, be very careful shorting. We're only shorting for quick captures, there are levels higher up:

1714
1720
1724
1736

They're all likely targets for buyers and potential turning points. We have to assess each level when we get there to make sure we confirm our short for our lower target.

Any pullback should result in the price moving up at some point. We're looking for the price to support around the 1708 and 1703 levels if it gets there. We still have our lower targets but don't think we're going down just yet.

We have a news release today 14:00GMT so the market will react. Make sure you're all protecting your trades.

Support:

1708
1703
1696

Resistance:

1727-30
1740

30M makes things look a little clearer. What could be a classic bullflag formed.

Excalibur is suggesting a strong support at 1701 and a new lower target of 1654. We're going to sit and wait.

The higher resistance levels are very important. We want to see how price reacts at these levels, especially 1720-22 and 1727-30. The ideal scenario here is for the price to move sharply up and reject at those price points.

Close above 1720 (which looks likely) could be the break Gold was waiting for. Doesn't mean the low is in but it means higher targets are now in range. Please refer to the previous charts and support and resistance levels for targets.

1710-14 support and 1736-40 resistance levels for tomorrow. We'll update you in the morning

We've reached a good level here. We can still see higher pricing so we're not shorting yet. Any down move is likely to be a pullback getting more buyers into the wave

We'll share todays charts in an hour or so with todays ideas

Members, there are a lot of charts and levels posted on this group. We can't give you signals or tell you when to enter or exit trades. Only tell you what we are doing. If you look at the charts and the levels provided we are constantly giving you clues as to what the market is doing. You just have to make sure you go through everything carefully and apply it

This is what we're looking for today.

We need a pullback towards 1730-29 as the first destination and potentially a deeper one towards 1725-22 as the second destination. The target is the 1745-50 level based on successful support below. We're not going to run these long trades from below much longer, these entries higher up are going to be quick captures. If you have longs from below it would be an idea to hold them and not over expose yourself up here.

We still have our target below but theres also a price point of 1758 sticking out. Support and resistance levels will be posted before US open.

DXY 4H H&S. Still room to go lower. They don't always have to correlate as we've seen in the past but recently they've been working well together. DXY needed a break after its big move, we're still looking for this to turn up and go higher.