#001 - GOLD 12-HOUR EXTRAPOLATION
SUMMARY - This is the 11/29, 15-min bar, 12-hour partially detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from LIVE #3!, gold has another last second route. I have serious concerns about this one. So be alert and be careful, especially because I cannot add notes as much as I usually do.
WARNING - As a precaution, the first rule of trading is don't lose money. As a reminder, the second rule of trading is don't forget the first rule. As usual, this MUST be used with continuing notes posted throughout duration of this forecast to supplement - not replace - your trading discipline and risk management. -- However, TradingView policies prevent me from updating regularly. So until that issue is solved, this is just a 12-hour view from my end. -- As of late, forecasts are once/twice per day to be continuously relevant. However, from here to March 10th, 2024, I will have to play by ear as I have to pay more attention to execution and less to forecasting. As always, when price action disagrees with forecast meaningfully and I do not respond in time, SCRAP THE FORECAST and trade defensively.
HOW TO USE - Read the notes I add, they are continuously updated to be relevant as much as possible. If you are that guy that won't read the notes, follow a guy who doesn't do notes save both of us the headache.
DETAILS - Links for most recent and relevant posts are below for background and how we got here. I recommend that you replay them (especially if you are new to us) occasionally as frame of reference, but most importantly, as evidence that these forecasts help you cash day in and day out. Ask my readers.
IF MY FORECASTS HELP YOU MAKE REAL MONEY - Want more posts, more accuracy and more updates? Help me out by spreading the word to people you know PERSONALLY. Word of mouth is the best way to help make this a thing. The more demand I have for this, the more posts on more tickers I will make. The current rates of followers and readership is really not worth it for me to keep going, but I keep trying everyday to make you money. If you don't have friends because your wife say they are too much fun, well then I guess hit the boost/like button.
WARNING - As a precaution, the first rule of trading is don't lose money. As a reminder, the second rule of trading is don't forget the first rule. As usual, this MUST be used with continuing notes posted throughout duration of this forecast to supplement - not replace - your trading discipline and risk management. -- However, TradingView policies prevent me from updating regularly. So until that issue is solved, this is just a 12-hour view from my end. -- As of late, forecasts are once/twice per day to be continuously relevant. However, from here to March 10th, 2024, I will have to play by ear as I have to pay more attention to execution and less to forecasting. As always, when price action disagrees with forecast meaningfully and I do not respond in time, SCRAP THE FORECAST and trade defensively.
HOW TO USE - Read the notes I add, they are continuously updated to be relevant as much as possible. If you are that guy that won't read the notes, follow a guy who doesn't do notes save both of us the headache.
DETAILS - Links for most recent and relevant posts are below for background and how we got here. I recommend that you replay them (especially if you are new to us) occasionally as frame of reference, but most importantly, as evidence that these forecasts help you cash day in and day out. Ask my readers.
IF MY FORECASTS HELP YOU MAKE REAL MONEY - Want more posts, more accuracy and more updates? Help me out by spreading the word to people you know PERSONALLY. Word of mouth is the best way to help make this a thing. The more demand I have for this, the more posts on more tickers I will make. The current rates of followers and readership is really not worth it for me to keep going, but I keep trying everyday to make you money. If you don't have friends because your wife say they are too much fun, well then I guess hit the boost/like button.
Comment:
Comment:
f) see all those ovals or ellipses??
g) they are when major trends with period "X" crossover "2X"
h) for example 100 over 200, 120 over 240, 140, over 280.... etc...
i) when there's a huge amount that means rug pull coming
j) WE ARE RIGHT ON THE EDGE OF IT.....
l) but the correction from 52 to 36 also delays that zone for 12-hour or so
m) so the rally should keep going .. BUT CAN END AT ANY TIME IN GIANT RUGPULL
g) they are when major trends with period "X" crossover "2X"
h) for example 100 over 200, 120 over 240, 140, over 280.... etc...
i) when there's a huge amount that means rug pull coming
j) WE ARE RIGHT ON THE EDGE OF IT.....
l) but the correction from 52 to 36 also delays that zone for 12-hour or so
m) so the rally should keep going .. BUT CAN END AT ANY TIME IN GIANT RUGPULL
Comment:
n) so if this start to give a "double top look" ...
o) BE SUSPICIOUS AF... and keep stops close
o) BE SUSPICIOUS AF... and keep stops close
Comment:
p) this goes w/o saying, but that "rug pull zone" is more than half the reason why if gold wants to move it... it has to move now..
q) so again, if we dont get to 2120, and we have 36 hours left...
r) but I also don't know if we really have 36 or more like 18...
s) this window, TIGHT AF.... ok?
t) that's why I made the calls I did for the time I called it for: 2120 on 11/29-30 and
u) 2220 on 12/11-12 but now 12/07
v) the math says gold needs to hit that or the bears will come all the way back
w) and back for everythihng
q) so again, if we dont get to 2120, and we have 36 hours left...
r) but I also don't know if we really have 36 or more like 18...
s) this window, TIGHT AF.... ok?
t) that's why I made the calls I did for the time I called it for: 2120 on 11/29-30 and
u) 2220 on 12/11-12 but now 12/07
v) the math says gold needs to hit that or the bears will come all the way back
w) and back for everythihng
Comment:
x) this this time price really need to stay with the boxes, but if it starts doing this:
y) that's M top or batman top, it will BE OVER IN A BIG WAY
Comment:
1:41 PM 2047.xx THE BEARS HAVE MADE THE BULLLS INTO THIN AND CONDITIONAL FAVORITES:
Comment:
a) meaning THEY HAVE TO MOVE UP NOW, LIKE NOW!, not in 3 hours or something..
b) this pattern bc of the pull, likes to make a SHARP DOUBLE TOP ..
c) that looks like 1956 and 1962, ball park
d) BOTH OF THEM WILL GET SOLD
e) bulls then have to defend 1948 into the close..
b) this pattern bc of the pull, likes to make a SHARP DOUBLE TOP ..
c) that looks like 1956 and 1962, ball park
d) BOTH OF THEM WILL GET SOLD
e) bulls then have to defend 1948 into the close..
Comment:
f) or else...
Comment:
2:35 PM ET... 2045.44. and stalling, of course...
1) bull running out of time...
2) so either it is all the way up and crash big ... or
3) sideways and crash bigger ...
4) this crash which is Thurs/Friday is coming
5) the only question is will we get a rally to pad the price
6) it's not over until it's over... but the clock is ticking
1) bull running out of time...
2) so either it is all the way up and crash big ... or
3) sideways and crash bigger ...
4) this crash which is Thurs/Friday is coming
5) the only question is will we get a rally to pad the price
6) it's not over until it's over... but the clock is ticking
Comment:
3:30 PM ET HERE IS LAST POSSIBLE EXTRAPOLATION OF THIS MOVE..
Comment:
a) so tonight, bulls need a 53+ high
b) failure to put in that high risks rug pull coming Thursday instead of Friday
c) that's it...
b) failure to put in that high risks rug pull coming Thursday instead of Friday
c) that's it...
Comment:
THIS POST HAS ENDED HERE IS #002:
Related Ideas
a) I cannot give that many updates or I could get kicked off this site
b) it is because they see it as manipulation of my post's visibility
c) hence I can't do anything longer than 12-hour
d) so this is what I think gold is trying to do ...
e) but I have MAJOR CONCERNS with this because we are about to hit A HUGE ZONE OF MEAN REVERSION like this: