Binary_Forecasting_Service

#4-3 THE MOST ACCURATE GOLD FORECAST IN THE WORLD

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
WARNING - This is the second 11/07/23 CONTINUOUS EVOLVING FORECAST for ICE/IDC XAUUSD spot gold ticker. I don't want to be caught off guard, so scrap #4-2. 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 is meant to be used with important notes added throughout each day, and altogether to supplement - not replace - your trading discipline and risk management. As always, when price moves against forecasts and the next one is not posted, SCRAP THE FORECAST and trade defensively.

HEADER - This is the 15-min bar 30-HOUR generic forecast for overall direction and shape for price action. Continuing from #4-2, this is testing mirror image theory I've been working on for quite some time WITH A TWIST. Here, gray is mirror of both orange and blue. I checked it through and through, it is legit so it has to be on here.

SUMMARY - For bars 8 min and longer, orange is favorite at least until midnight into Wednesday.
Small bars 4-min and smaller favor gray, and probably through 6 AM tomorrow.

FRAME OF REFERENCE - Links for 5 of most recent posts are below here. I recommend that you replay them (especially if you are new to us) occasionally as frame of reference and most importantly, as the ground of our conviction.

IF MY FORECASTS HELP YOU WIN - Want more accuracy or "around the clock" updates? Help me out by introducing my work to people you know ONLY BY WORD OF MOUTH. The more attention I have on this process, the more I will deliver. I need a strong rate of growth for followers to make this worth it. As it is, it's really not for me and I keep trying.
Comment:
11/07 9:57 PM, I HAVE NOT BEEN THIS CONFUSED ...
1) since doing this every day
2) so this one is scrapped, that's two forecasts in 8 hours?
Comment:
3) no 6 hours...
4) a great thing about my forecasts, though
5) if I'm wrong, you know in like an hour or two
6) specially when I have a mirror out and it moves in the middle
Comment:
7) 10:23 PM ET 1968.xx and getting nowhere
a) it has to be down
b) why?
c) bc it is not a "bottom setup"
d) by not moving up, it surrendered its chance to make it a "bottom in" situation
e) so we have no evidence of a bottom
f) so question now is down how much and how fast
Comment:
g) so also.. by not moving down by now, it's saying the lower low will either be THE BOTTOM OR VERY CLOSE TO IT...
h) give a few minutes here
Comment:
i) no... that's wrong, just disproved it
Comment:
j) so here's fractal engine, in this scenario reliable for first 1/3 so until 11 AM TOMORROW
Comment:
1) for chart above:
2) that is basically saying we can expect it to move to 1956 again
3) AND odds 2:1 we make it to 1940 BEFORE THIS TIME TOMORROW
4) last third we can ignore for now unless it hits the whole way
Comment:
5) to be safe, 1946 by 7PM tomorrow is looking good RIGHT NOW
6) I'm going to bed, will comment first thing I get up tomorrow
Comment:
7) BTW, fractal engine spikes aren't meant to be perfect
8) by all means, don't be long here
9) and watch out for a decent spike first move to 1960 again
Comment:
12:55 AM ET, NOTHING UNDER 1956
1) I don't like the way the waves look
2) I don't trust anything under 1956 unless I'm watching live all the time
3) and Im not, good night
Comment:
8:20 AM ET SO HERE'S WHERE WE ARE IN THAT MOVE:
Comment:
a) in chart above, the move is getting stretched sideways, or taking longer
b) in note 9) right above here, I said watch out for the spike at first move to 1960
c) and we just finished that spike
d) but the fractal is holding, odds heavily favor zig zag down
Comment:
e) what is the difference between a fractal engine vs what I usually do?
f) it's when I have problems anticipating regression movement, I use that to help get a basic picture
g) like the chart above the one just posted
h) so now I re-organize to get a new forecast, this shouldn't take long
Comment:
THIS POST HAS ENDED HERE IS #4-4:

Binary Forecasting Service is a premium 16-20 hour per day CONTINUOUSLY UPDATING GOLD FORECAST for the global forex 3-session system, successful in all three. This is available in monthly and weekly subscriptions. Let me know if you want to subscribe.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.