1. Barring some unusual geopolitical event, we are NOT seeing numbers above 1850 for a while longer. 2. 1900s look like June now. 3. 2050s look like July. 4. 2350s look like September, yes THIS september. 5. Have a good week.
Im thinking something similar. Here is my medium and long term idea. (Multiple charts)
Lingrid
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Who is interested in such a good forecast wrote that by XAUUSD and 1781.30000 I will suddenly go to buy.
Binary_Forecasting_Service
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@Lingrid, My forecasts are much more refined today compared to even a month ago. But my favorite forecast I've made is still my first one posted:
At this point, my proprietary codes and software weren't sophisticated enough to to understand why a massive crash can be followed by an even MORE MASSIVE rally. With that said, the latest most refined projections are showing 2350 before 09/10/21 and 2600 before 12/05/21.
Binary_Forecasting_Service
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@MQP, I did, however nail the move all the way up:
DeGRAM
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I recently started trading, please tell me, if XAUUSD is taken at 1781.30000 in buy, how long is it worth holding a position?
Binary_Forecasting_Service
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@DeGRAM, This is a loaded question, no? All this depends on individual strategy, risk tolerance, time frames and so on. Answering based on price regressions of "EVERY" available time frame, at 1781 and 2% SL, you can hold anywhere from 3 days to 45 months. That is to say current projections say we MAY never see 1750 again.
myamya95
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How about 1800? Still can within this month?
Binary_Forecasting_Service
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@myamya95, The setup is to to break 1800 Wednesday afternoon 4/28 (FOMC is 2PM ET). 1815 reachable by Thurs/Fri, the ceiling at 1821-1825 is strong resistance and theoretically shouldn't be tagged until NEXT week.