the US dollar is moving sideways after a nice move up.
Gold and crude react to the dollar as both are, in part, priced in dollars.
weekly-
in a long trade from 81.805 to 83.829. stop at 79.781.
the weekly time pressures are down thru May 14th.
Daily –
price traded down thru a short entry at 80.45 with a target 79.32
but the time cycles turned up on the 14th and we entered a short cycle long retracement trade from 80.84 to 81.89