Weekly Review (Aug 24-28): EUR, GBP, AUD, Gold & RatesEuro FX Futures (Sep 2026)CME:6EU2026ConfluxMethodWeekly review for August 24–28. Not signals, just how I read the tape with the Conflux Method: structure (Reaction Levels), order flow (cluster / delta) and options data. Context: last week Bessent announced a doubling of the government-bond buyback limits (running Sept 9 to Nov 4), timed around the elections and the Fed meeting to paper over the negative. The key thing: they've flagged their pain point on the Treasuries, and the market now knows it. But the buybacks are only $4 billion, carried purely verbally, like the yen interventions, and I don't think that holds the market for long. 6EU2026 (EUR, main chart above) Interesting options showed up. The central and the first and second strikes are sold. They've shown the working ranges: above 1.1988 it's almost unrealistic to get through. This straddle is very interesting into Wednesday, and given the day's balance at the open, it's attractive for longs on a pullback and for sells on a push up. For now the main plan is to buy it back. A ratio of at least 1 to 3 when taking profit, on both buys and sells, and the remainder left in the market at breakeven. 6BU2026 (GBP) Briefly on the pound: the zones of Wednesday, the Week and the Quarter, and the chances of reaching and breaking through them. 6A1! (AUD) The zones of Wednesday and the Contract; the weekly one is useless because it sits right next to the Contract boundary. From the open I'm very interested in working these intraday zones. At 0.7122 they added 700 contracts as support, almost at the high, so I'll definitely try to buy it back. Until expiration the 73 strike is almost unbreakable. GCZ2026 (Gold) Here's what's very interesting from the open. 4530 and 4543 I'll definitely work. Right at the open there's support at 4642-4644, but only within the first 1-2 hours. 4593-4595 I'm interested in for market buys until the Japan close. Up top in the zones there are slabs too; volumes went through on these strikes and there's support there. Watch the open: if they try to break 4530, then 4315 starts lighting up strongly, because the MaxPain for September 20 hangs there and I doubt they'll leave that Debt. That move gets painted if Bessent deflates on the Treasury buybacks and they go back to conquering the highs. GCV2026 (Gold — October options, target reference) Off-exchange, 1100+ puts went through with a breakeven around 4430 on the next contract, twelve million dollars' worth. There's a very good chance of reaching these options, so I'll leave it as a target for reference, and if it plays out, from there I'll look at shorts. Those players shorted at the highs with a clean breakeven, but by the close the strike emptied out. US10Y (US rates — Bessent & Jackson Hole) Just as the speculators work against the Bank of Japan, they can now start working against Bessent. So far it's only a verbal threat, no specifics, and $4 billion is laughable for a market that trades tens of billions a day. So the funds and the Treasury could drag the 30-year up to the 6 to 6.15% region before the Fed steps in and brings it down to 5% as a first target, but only a rate hike can do that. Jackson Hole is the intrigue of the week, and whether Warsh gives specifics or just spreads fog again. 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 #forex #gold #bonds #orderflow