Introduction - This is BFS Trend Engine expectations for the next four days. It looks stupid. But is it useful? Details - So the last three drafts after hitting 2390 were trash. First for a move to 2430, then triple top, then a minor binary outcome, all of them trash. Its rare for BFS Trend Engine to be so bad. In the past, when this has happened, it was...
Intro - We have the BEGINNINGS of a unproven intermediate triple top pattern. Details - Because of the spiral that makes this top so "circular", trend engine thinks this is signalling an incoming triple top. This is working draft, once it's ready I will send it.
Intro - I don't have enough time to detail this because it requires detailing both moves. That's too much time for move that's about to start to 2393. So let's get this up first. Details - Will add ASAP.
INTRODUCTION - This is a conditional long that should produce strong returns if 2 conditions are met. Obviously the nature of those conditions are binary. DETAILS - This is being published at 12:15-ish AM ET. See that arc and that line? That arc MUST HOLD UNTIL 3:30 AM ET, about another 200 minutes. If that is true, and price gets BACK ON TOP OF THIS...
Intro - Saturday I published first draft with "regular M". Before Sunday open, I thought it should be - in the words of the crypto guys who named it originally - "big-dick M". Within 2 hours of Sunday open I knew it was just regular looking M. Monday, price spent too much time going flat at 2336 which made the M into a "bent M" or a "crooked M". The first...
Intro - This is Binary Forecasting Service's CONTINUOUS GOLD FORECAST featuring 16 to 20 hours a day around-the-clock coverage of FX_IDC: XAUUSD ticker, with current favorite outcome highly detailed in proprietary trend maps through all of NY market tomorrow. This data must be used with continuous updates to remain relevant until it is replaced. Using this without...
Intro - This is Binary Forecasting Service's CONTINUOUS GOLD FORECAST featuring 16 to 20 hours a day around-the-clock coverage of FX_IDC: XAUUSD ticker, with current favorite outcomes highly detailed in proprietary trend maps through all of Tuesday. This data must be used with continuous updates to remain relevant until it is replaced. Using this without staying...
Intro - This is Binary Forecasting Service's CONTINUOUS GOLD FORECAST featuring 16 to 20 hours a day around-the-clock coverage of FX_IDC: XAUUSD ticker, with two of top three outcomes highly detailed in proprietary trend maps from Sunday open through all of Tuesday. This data must be used with continuous updates to remain relevant until it is replaced. Using...
Introduction - This continues directly from NFP SWING 2315-2275 POST. Details - This is a sharper move down that carry more bearish implications for intermediate outcomes. Let's get this up first and continue from there. I am keeping this post public until I fix the tg link problem. For whatever reasons, it is not letting people join so, kind of a nightmare...
Introduction - This is the 3rd daily continuous gold forecast since the PRELIMINARY DRAFT and the first one posted for public audience on TradingView. This post will stay live for about 14 hours and cover MOST of the NFP reaction before I wrap it up and continue in the matching private post. Details - First, I went silent the last 24 hours because I unknowingly...
Introduction - I am setting up for 16-20 hours per day continuous gold forecasting. I MAY have the demand to start this now, I am not totally sure. I'll find out in a day or two. Let me be clear, if there was ever a time to trade gold, THIS IS OBVIOUSLY THAT TIME. Details - In chart above, this is a slightly modified route vs most recent route from DRAFT...
Introduction - This is closure for binary forecasting for the people who follow it. Consider this draft as clarification for these two months as it relates to the standing long term forecast in Rumors of a Pivot, Part 3: Details - These are two most likely routes to June FOMC. In theory, whatever ultimately happens should be simple variations of these two...
Introduction - Bulls are setting up for a double bottom with a "V" reversal. This means the median will hold. This means 2500-ish on or before 05/23. This does not mean a straight line there though, because medium term 2-way vol is set to stay high all the way to June. Details - See previous drafts for how we got here. Warning - If you are new to this...
Introduction - So since the move to 2311-2314, I have to "play it by ear" because price is moving faster than my ability to map "an intermediate thesis" that is in sync with price action from here to August. In order to stay relevant and ahead of price action, let's talk less and do better. Details - Continuing from DRAFT 9-3, price chose yellow route to 2291...
Introduction - As anticipated overnight, bulls didn't put enough fight in at 2365 and ferocious bears took out the 43-year trend line. While it's not even obvious they are finished yet - because Binary Forecasting Service's trend engine still see 2323-27 as possible Monday targets before rebounding - I have strong conviction that gold is getting ready to nowhere...
Introduction - Bulls are holding 43-year trend line at 2360s while NASDAQ bears formed a soft ceiling at 2400 that should hold past through May 1st FOMC. The result has gold range bound, predominantly between 2367-2392 for the incoming nine trading days, after which gold should head for 2444 and higher. Details - Follow up to 9-1 DRAFT's failure to break out...
Introduction - London, of all places, vigorously defended 2373 and destroyed scheming bears' setup for 2285 this morning. Is this a sign that miracles do happen? No, it simply means 2444 is next. This also means a slow side-ways-to-up to 25xx in mid-May before MAJOR CORRECTION ahead of 6/12 FOMC. As always, we trade one day at a time and will cross that bridge...
Introduction - Didn't your mother ever tell you not to play with your food? Bulls with upper hand near 2400s once again trapped by hubris. Believing themselves invincible post Powell speech allowing bears to hang around with the door to 2275 still wide open. Will they regret this indecisive decision? Only time and Binary Forecasting Service's trend engine will...