GOLD D1: DROP WHILE DOLLAR RETRACES UP- Looking for GOLD to weaken while Dollar retraces up
- Previous breaker that took out sell-side stops needs to offer support
- Dollar should fall again after the retrace
- That would be the signal to go long GOLD again
- Upside target is 1 deviation up = GAP-resistance
Wyckoff
NATGAS UP AS TEMRATURES DROP ?- Tempratures are dropping in EU after a relatively soft Autumn
- Cold weather should increase demand for NATGAS
- NATGAS in a up-sloping Wyckoff channel
- Looking for a 1 deviation run higher
- Lower GAP is support
- Mid GAP should offer support once broken
- Higher GAP is target = 2nd DEV = Monthly R2