FX:XAUUSD   Gold Spot / U.S. Dollar
HEADER - Replacement for 17A. First draft.

SUMMARY - I have reason to believe 1820s should be the floor. We are should get a May rally anyway, just from 1820 to 2000, maybe 2070.

DETAILS - I've linked 16H and 17A.

BY THE WAY - I don't have time to mesh out all detailing like I did for 16H, so it's not meant to be a "CHEAT SHEET", just overall guide.
Comment:
NOTES -

1. The red box at the bottom IS NOT SUPPOSED TO HIT.
2. Under 1820 is REALLY BAD FOR LONG TERM BULL THESIS.
Comment:
TUESDAY 4/26 8:53 AM ET

1. Intermediate curves between 24 and 96 days are shifting unpredicatably.
2. This means price forecast iS NOT RELIABLE IN THIS AREA.
3. That said, what are current expetations?
4. I think 1890 MAYBE THE FLOOR, BUT I SAY THAT W/O ANY CONFIDENCE WHATSOEVER.
5. So what then?
6. Wait and see, that's all you can do.
Comment:
9:00 AM ET
7. Maybe a tad lower
8. Bugt not much lower like forecasted last 36 hours.
Comment:
12:15 PM ET TUESDAY
9. Lower, but not much lower.
10. 1875-1882 makes sense.
11. After which, nothing worth analyizing will happen until 5/4.
12. So it should get to that zone and then bounce and zig zag, but...
13. Nothing worth trading for should happen until 5/4.
14. I'm working on detailing for May, there's some movement here worth trading for
15. But it's not going to be much either, 1890-2000 is all I can see right now.
16. Original thesis remains true, August rallly it is.
Comment:
8.25 pm ET TUES.

WE ARE GOING TO 1700.
HOLY MOTHER OF GOD.
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