Coreg's EW+HP+D/W Range

Quoting Coreg2004

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{quote} On the intra-day chart (30M), the first resistance zone is between 1.3227 and 1.3237; if GU can't take it out, downside move will be in play to at least test YL @1.3184. {image}

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Quoting Coreg2004

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{quote} Step by step... 1) WL held 2) The high @99.91 of the ID bar was taken out 3)The high of the swing at A is taken out What to expect next? Test of 38.2% @101.13, swing high iv @ 101.99, and potential run to complete the AB=CD pattern @102.72. Are we going to get it all? Yes, maybe, perhaps. {image}

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Quoting Coreg2004

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{quote} Are we going to get bounce of YL? {image}

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Quoting Coreg2004

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{quote} GU has been unable to trade above the ascending trend line so far. There is a strong resistance zone above the market. Bears should target 1.2985 to 1.2935, but first, keep an eye on 1.3108. {image}

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Quoting Coreg2004

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{quote} If WH @4364.32 is taken out, the next target is WRE (weekly range extension) @4455.70, not necessarily today. Don't force counter-trend trade without a trigger on lower TF. {image}

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Quoting Coreg2004

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{quote} Gold continues its downtrend. The target zone is between 3926 and 3802 before...{image} after...{image}. Forgive me if I irritate you with the accuracy of my analysis.

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Quoting Coreg2004

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{quote} After a slight rebound from Monday's low, GU continues its downward trend. The target is now set at 1.3134, which is the first extension level (127.2%) designated for profit-taking. {image}

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Quoting Coreg2004

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{quote} Weekly low still holds the bulls. {image}

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Quoting Coreg2004

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{quote} Keep in mind that gold hit 161.8% WRE and matched the prior week's range. {image}

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Quoting Coreg2004

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{quote} The second resistance zone @1.3191-1.3207 held; GU was unable to break the pattern of LL-LH on 30M TF. 1.3133 remains in play. {image}

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