Binary_Forecasting_Service

#008.3 GOLD RALLY TO 2050 BY 05/07/21

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar

THIS IS THE FAVORITE NOW, BUT...

I can write 20 pages for this chart, this is all I have time for. This is EVERYTHING I HAVE DEVELOPED up to this point

Important dates:

4/11 - (first vertical line) new moon
4/13 - (2nd) 8:30 AM, Consumer Price Index (possible event driver)
4/28 - (3rd) FOMC
5/07 - (4th) May non-farm payrolls (NFP)
5/11 - (last) new moon

In this chart:

This is 270-min bars (round up of weekly bar divided by 27=266.67 min bar) to "zoom in" on the current position of gold price in relation to commodities supercycle thesis. Purple wave is in "hard break up position" to re-compress orange wave. Meanwhile, PIVO (Pham Infinite Volume Oscillator, that corresponds with same color/period waves in price regressions) is indicating an explosive move up based on LINEAR CONTINUATION OF ALL INDIVIDUAL VOLUME WAVES COMBINED. What I mean by this is: that is the projection arrived at IF YOU ADD UP ALL WAVES in volume for 10 min bars, 30 min bars, 90 min, 270 min, 810 min, and so on...

BOLD GRAY LINE FALLING ACROSS: down trend line if you drew line thru AUG/20 and JAN/21 tops (marking first resistance)
BOLD ORANGE LINE AT TOP: bollinger band if you made a BB (2 standar dev) with same period as depressed orange wave (second resistance)
BOLD BLACK LINE: price pattern projected by orange wave re-compression IN CONTEXT OF PIVO POSITION, gold supercycle, and Elliot Wave count but WITHOUT HELP OF>>
SKINNY BLUE LINE: gold price traced from MARCH 19 2021 TO APRIL 24TH 2021 (starting 384 days ago)


BUT:


...then again, not much difference in 810-min bars:


... and weekly bars (futures vs ETF, IDC doesn't give weekly bar volume info, and OANDA is shorter than GLD; plus GLD is 1/3 driver vs spot and futures anyway)


Here is position for wave recompression vs 1978, orange wave IS NOW RED bc of different bar size:


Here is same position longer chart:


I can give 10 extra pages of evidence that will almost convince you it will happen, but don't have any more time. Will add more if I can.
Comment:
HERE IS EXAMPLE OF WAVE RE-COMPRESSION AHEAD OF NEXT LEG UP. THIS IS BITCOIN 1 DAY BAR VS GOLD 1 WEEK BAR, THAT MEANS A SIMILAR MOVE WOULD TAKE GOLD 4 WEEKS:

Comment:
NOTE: The reason for the extremely quick recompression is bc of extended oversold prices in the short term THAT IS FORCED TO AVERAGES BY LONG TERM TRENDS.
Comment:
Comment:
Comment:
THIS IS CRAZY TALK, BUT THAT WOULD MEAN: Gold should be "breakout to ATH Position in by 7/10. That means that given a 60-day sideways move, gold SHOULD BE AT 1975-2040 BY 5/10.
Comment:
FURTHER MORE, I AM SEEING BITCOIN AT 90 K by 5/10 too:


(watch me fall on my ass with all this bullish talk)

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