Weekly Review (Aug 10-14): Gold, Silver & S&P
Weekly review for August 10–14. Not signals, just how I read the tape with the Conflux Method: structure (Reaction Levels), order flow and options data. Metals are the focus this week, with gold and silver in a squeeze, and a very big hedge that went in on the S&P.
GCZ2026
(Gold, main chart above)
It's simpler here, I'll be watching the open. If it goes through the top, sells off 4532. If they come out even higher, to the 10% zone, then after an impulse forms I'll look at sells there too. With buys it's even simpler, 4223 looks great. And the contract's maximum volatility is at 5250 right now, if silver does go to 100.
SIU2026
/
SIZ2026
(Silver)
It's also interesting to take a look at platinum futures. I often watch platinum as an indicator for spotting a nascent trend, and here there's no reversal in sight at all. That's a bit concerning, but we'll see.
A very big hedge went in here, really very big. If there's a decline, I'll work with futures in the 7600–7650 and 7500–7550 ranges, that is, where there are Reaction Level zones. This is the markup on the December contract. Ideally these portfolios already come with a future, but they can go in without one if they intend to buy back lower. So they've highlighted for us, with the options, what to work with, and also where to sell on a reversal from the upper portfolios.
These are zones and scenarios I'm watching, not a call to trade. Let price come to your levels and let the reads converge first.
Educational only, not investment advice. Trading carries a high risk of capital loss. Past results don't guarantee future performance.
#ConfluxMethod #trading #futures #options #gold #silver #platinum #orderflow
