Charts of Gold, Dollar, Oil (swing trade perspectives)

My swing trade perspective charts on gold and the dollar. I remain tilting bearish gold and bullish the dollar. In both cases, I can see that they might consolidate somewhat before continuing (down in gold, up in dollar) - or could just proceed on, of course. For the dollar, I marked one Fibonacci-based objective assuming it moves to higher levels.

In both the dollar and gold, you can see that my thoughts (about gold going down and dollar going up) would be wrong if price instead breaks out of the trendline/channels indicated. Gold would have to break above the downtrending line marked on its chart, and the dollar would have to break to lower lows than the level it reached on that "waterfall drop."



I marked this USO chart with channel, support and breakout levels, and Fibonacci levels, to accompany the possible swing trade long buy trigger/position that I mentioned in my main (UnBiasedTrading) blogspot earlier today. I should have mentioned with that prior post, that it looks like a reverse head and shoulders (H&S) setup - if that's valid, then its target would be around that $55 range that also looks significant as an Elliott Wave and Fibonacci retrace objective: