LIVE #1! THE MOST ACCURATE GOLD FORECAST IN THE WORLD
FORECAST - 2120 on 11/29/23 and 2220 on 12/12/23.
SUMMARY - This is the 11/23/23, 80-hour simultaneously generic and ultra detailed (unreal), CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. This has to be done live. I will add as much as I can when I can.
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 the following 12-16 hours to supplement - not replace - your trading discipline and risk management. As of late, forecasts are once/twice per day to be continuously relevant. 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 ALL THE TIME. If you are that guy that won't read the notes, well I can't help you then.
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.
SUMMARY - This is the 11/23/23, 80-hour simultaneously generic and ultra detailed (unreal), CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. This has to be done live. I will add as much as I can when I can.
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 the following 12-16 hours to supplement - not replace - your trading discipline and risk management. As of late, forecasts are once/twice per day to be continuously relevant. 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 ALL THE TIME. If you are that guy that won't read the notes, well I can't help you then.
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:
8) I will see you later and I"m excited AF, too
Comment:
5:56 PM ET - CHART IS 4 HR BAR, NOT STANDARD 15-MIN BAR.
a) it's so have "replay-able proof" for the fools that can't read something
b) but also bc it's a big move over 3 days
a) it's so have "replay-able proof" for the fools that can't read something
b) but also bc it's a big move over 3 days
Comment:
6:14 PM ET - so this is not supposed to be as perfect as usual:
a) for chart above
b) I don't time for editting
c) but worst case scenario here if it's a fake out....
d) it will stall at 2008 for hours and attempt 2025 before get crushed
b) I don't time for editting
c) but worst case scenario here if it's a fake out....
d) it will stall at 2008 for hours and attempt 2025 before get crushed
Comment:
e) ) if i's legit, it will fly right through it
Comment:
f) I mentioned before my misgivings of gold failing its last 4 bull arcs
g) but this is 2023 after all
h) machines love to manipulatre
g) but this is 2023 after all
h) machines love to manipulatre
Comment:
i) you also have to understand today is 11/23
j) making it to 2220 on 12/11 is A HUGE ASK...
k) but i's WHAT IS NECESSARY for the bull thesis...
j) making it to 2220 on 12/11 is A HUGE ASK...
k) but i's WHAT IS NECESSARY for the bull thesis...
Comment:
11:05 PM ET, 1992.94, NOTES
a) nothing has happened
b) the setup is still valid after 5 hours of nothing
c) but we are past triangle
d) so put a stop in where you are comfortable at
e) I'm going to look at this closely and get back soon
f) but this move and a specific ratio of regression wave layers that checks all the boxes
g) so in that sense, my live stop is 1991.5
h) if it hits, I watch a bit, and find a spot back in
a) nothing has happened
b) the setup is still valid after 5 hours of nothing
c) but we are past triangle
d) so put a stop in where you are comfortable at
e) I'm going to look at this closely and get back soon
f) but this move and a specific ratio of regression wave layers that checks all the boxes
g) so in that sense, my live stop is 1991.5
h) if it hits, I watch a bit, and find a spot back in
Comment:
11:26 PM ET, back in 1992.20
Comment:
12:44 AM ET... I'm looking HARD AF...
a) if you've read me doing these things into the night before...
b) I always catch them "not working" very early...
c) even if they run late... that usually means IT'S SOMETHING ELSE LATER....
d) so this thing is late already... this usually means I'TS going to go up ultimately
e) BUT then fails 10, 20 , even 30% into the move
f) so that's what I think we have
g) we are going to get some kind of rally
h) it might even look the part.... by being expolsivve int the beginning
i) and then literally freezes.... eventually sidways... eventually down...
j) that's what's on my mind
k) the only thing here is... the VERY LONG TERM setup is SOOOO strong
l) but IT HAS BEEN STRONG SINCE 2020... and failed multiple times already
m) I've gone over this before, bc trend change starts with the SHORT TERM and then gradually gets longer
n) that's what I have right now
o) but the setup is undeniably explosive...
p) we jsut don't have the explosion... this the 5th arc in 2 weeks or so?
a) if you've read me doing these things into the night before...
b) I always catch them "not working" very early...
c) even if they run late... that usually means IT'S SOMETHING ELSE LATER....
d) so this thing is late already... this usually means I'TS going to go up ultimately
e) BUT then fails 10, 20 , even 30% into the move
f) so that's what I think we have
g) we are going to get some kind of rally
h) it might even look the part.... by being expolsivve int the beginning
i) and then literally freezes.... eventually sidways... eventually down...
j) that's what's on my mind
k) the only thing here is... the VERY LONG TERM setup is SOOOO strong
l) but IT HAS BEEN STRONG SINCE 2020... and failed multiple times already
m) I've gone over this before, bc trend change starts with the SHORT TERM and then gradually gets longer
n) that's what I have right now
o) but the setup is undeniably explosive...
p) we jsut don't have the explosion... this the 5th arc in 2 weeks or so?
Comment:
q) if this one don't work... I can't see how you can keep bull thesis alive
r) bc the failure to break out would be VERY ugly
r) bc the failure to break out would be VERY ugly
Comment:
4:16 AM ET. ... 1993.72, THE END HAS COME.
a) I've been up the entire night
b) this is it
c) this is the end ..
d) there's a couple "gasps that left that will make a "M" or double "M" pattern
b) this is it
c) this is the end ..
d) there's a couple "gasps that left that will make a "M" or double "M" pattern
Comment:
e) I will post that next
Comment:
f) here's a comparison:
Comment:
g) in the last post, I asked which one was more likely?
h) I ask again.. which is more likely?
i) I will draft it in the morning
h) I ask again.. which is more likely?
i) I will draft it in the morning
Comment:
11/24 7:24 PM ET. SO HERE'S BASE CASE NOW.
Comment:
a) first, I'm a big fan of gold and the story of the gold bull that whole thing
b) I've given every last chance
c) from my end, I've made it obvious that today was the last chance
b) I've given every last chance
c) from my end, I've made it obvious that today was the last chance
Comment:
d) if you've been reading my notes since 9/12
e) I"ve nailed it pretty good the entire way
f) but you know where I made the most mistakes?
g) the 5 bull arcs, all of them failed
h) I wanted it to happen, don't get me wrong
i) because it had been something I waited for so long
j) BUT I DID SAY THIS
e) I"ve nailed it pretty good the entire way
f) but you know where I made the most mistakes?
g) the 5 bull arcs, all of them failed
h) I wanted it to happen, don't get me wrong
i) because it had been something I waited for so long
j) BUT I DID SAY THIS
Comment:
k) come 01/10-03/08/24 we will have huge opportunities bull or bear
l) now that (I think I know) it's decidedly bear
m) here are specific dates and % moves in each 30-day period:
l) now that (I think I know) it's decidedly bear
m) here are specific dates and % moves in each 30-day period:
Comment:
Comment:
n) there is value BEFORE 01/10...
o) and we will deal that starting 11/27-28 (coming Monday or Tuesday)
o) and we will deal that starting 11/27-28 (coming Monday or Tuesday)
Comment:
p) so it looks like this now:
q) in chart above: it's the black box that is HARD AF to figure out ..
r) BUT WE WILL KNOW ONCE WE GET THERE
s) and somehow we get back to 1950-ish by 01/10
r) BUT WE WILL KNOW ONCE WE GET THERE
s) and somehow we get back to 1950-ish by 01/10
Comment:
t) and here's what should happen and why it's not a sure thing:
Comment:
u) before I move to next post: here are lines you want:
Comment:
AND THIS POST HAS ENDED: HERE IS THE DEATH OF GOLD PART 1:
Comment:
Related Ideas
1) bc it's Thanksgiving and I"m hosting I have ZERO time until 11 PM ET and later
2) GET LONG AT OPEN!!
3) why?
4) even if it doesn't work,
5) YOU WILL DO FINE IN THE FIRST 8 HOURS!!
6) why?
7) bc it would be the "best fake out in history"