MQP

MQP INFINITE REGRESSION #006-3 CHEAT SHEET UPDATE

FX:XAUUSD   Gold Spot / U.S. Dollar
THE SIXTH BOX (zoom out) IS AT 1690 CIRCA 8/10-8/16.

Notes.

1. Ceiling for 7/28 FOMC is first box.
2. Ceiling for 7/30 core inflation is third box.
3. Second and fourth boxes are standard volatitily.
4. Fifth box (gray) is around NFP, can't judge how high (my guess is lower than third box).
5. Sixth box is around CPI around 1690 (fast 8/10, slow 8/13-16).

Comments

have you started to panic? hahahaha it's still not too late to change your mind, come with us to the moon riding gold to 2K
+2 Reply
MQP derry_ka_bsi
@derry_ka_bsi, It's not personal. It is not "my" call. It's the software calling it. The only way to break this scenario is to hit 1865 tomorrow AND HOLD THAT LEVEL FOR A MINIMUM OF 2 WEEKS. See you when it's 1690.
+1 Reply
August is usually the month a rally in gold and silver starts. It was like that in 2005, 2007 and 2010. Great charts, thank you for sharing your work.
+1 Reply
hindenburgomen hindenburgomen
First target reached, well done.
+1 Reply
hindenburgomen hindenburgomen
@hindenburgomen, First, third and forth box checked. Now let's wait for the fifth.
Reply
MQP hindenburgomen
@hindenburgomen, UPDATE, Don't think 5th box will happen. I am already short.
+1 Reply
@MQP, I'm short as well, but I might short more if we go up tomorrow. Thanks for the update.
Reply
MQP hindenburgomen
@hindenburgomen, see #006-11
+1 Reply
@MQP, Fifth box checked anyway, nice prediction.
Reply
MQP hindenburgomen
@hindenburgomen, It skipped 6 and went straight to 7. Dammit, was really wanting to short it on Monday. Now that trade is dead. Long to 1800.
+1 Reply