#001 NO MORE THINKING
SUMMARY - This is the 11/22/23, 60-hour partial detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #5-9 "THE MOST ACCURATE GOLD FORECAST IN THE WORLD" blah blah. I realized something this morning that is going CHANGE EVERYTHING.
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.
DETAILS - Charts are self explanatory. 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.
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.
DETAILS - Charts are self explanatory. 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.
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d) that high looks like near the close
e) I would not try to short before 3:30 PM ET
e) I would not try to short before 3:30 PM ET
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f) it's going to hold that trend line like that....
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g) until it finishes the final big zig zag... it might earlier than I imagine
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h) it is earlier than I imagined...
i) the 2 spikes down are moving a bit too fast...
h) if they bounce well short again
i) the 2 spikes down are moving a bit too fast...
h) if they bounce well short again
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1:35 PM ET, IF 87 doesn't hold this afternoon:
a) 84, 82, 80, 72, 65
b) what's with the bearishness?
c) I dont know, I just know it's coming
d) so cancel blue arrows until we have a real bottom.
a) 84, 82, 80, 72, 65
b) what's with the bearishness?
c) I dont know, I just know it's coming
d) so cancel blue arrows until we have a real bottom.
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e) the curve of this move right now .. wants 75 in an hour or two... gulp
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f) nope temporary support show up
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g) very very temporary
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h) so gold needs to make a decision here:
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I) from the way it looks at 3 PM ET... It has decided confident to do this:
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a) chart above, ignore right side
b) that looks like we get to 2025-2040 by the close tomorrow...
c) I it's saying that now.. we will know by mid nitght if it's true
b) that looks like we get to 2025-2040 by the close tomorrow...
c) I it's saying that now.. we will know by mid nitght if it's true
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6:35 PM ET, CAN'T GIVE YOU ANY HELP TONIGHT BC BUSY AF WITH LIFE... THAT SAID, THIS IS BASECASE:
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a) for chart above...
b) again, not a move you want to short
c) might get burned
b) again, not a move you want to short
c) might get burned
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7.20 PM SEEMS SLOW BUT ITS RIGHT.
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8:14 NOW A BIT SLOW:
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a) 8:54 pm et for chart above:
b) the other options is STALLING AND GOING NOWHERE....
c) it will be obvious bc, it would BE TOO LATE for projected hi-light
d) a little bit is ok...
e) a lot means it's over
b) the other options is STALLING AND GOING NOWHERE....
c) it will be obvious bc, it would BE TOO LATE for projected hi-light
d) a little bit is ok...
e) a lot means it's over
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f) THERE IS ONE MORE rare move...
g) where IT JJMPS 20 up in like 5 minutes andl literally DOES NOTHING ONCE IT'S THERE
g) where IT JJMPS 20 up in like 5 minutes andl literally DOES NOTHING ONCE IT'S THERE
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9.05 PM CHECK OUT THE HILIGHT HOLDING!
(Cool, but it's bigger bar, hehe)
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9.52 too slow, but I'm taking my wife to a thing...
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My rule for these things for readers is when price move against plan and I can't help, SCRAP FORECAST and trade defensively.
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That doesn't mean go short here...
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10.04, my one ratio in 10 says it's fine.... and should go up soon.
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But that has blind spots ... so I can't verify right now.
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10.14 looks like stall unitl later ...that's my guess ...
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10:47 PM ET, so this info is ASSUMING THIS CONTINUES...
A) first high 3 am et
B) second high 7 am et
A) first high 3 am et
B) second high 7 am et
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C) if first high is 2020 ish , check down is 10
D) it is 2050, check down is 2025
D) it is 2050, check down is 2025
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E) second high always higher here
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CAUGHT UP TO HILI:
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HIGH TIMING CHANGE
first high 1-2 AM
second high 4-5 AM
first high 1-2 AM
second high 4-5 AM
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HIGH ESTIMATE: 2am, 1928, checkdown 13 to 2015..
5am 1940n 6:30am 1945
5am 1940n 6:30am 1945
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That's all i can give tonight. Have a good one.
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THE MOVE TO 94 FROM 98 KILLED THE ROUTE.
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It look bear AF!
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THIS POST IS DEAD PLEASE GO TO #002:
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This link works! It is just not showing a picture bc of some error. I also linked it to this one belowl
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This link works! It is just not showing a picture bc of some error. I also linked it to this one below.
Related Ideas
a) short at orange arrow
b) long at blue arrows
c) let's just keep things simple and profitable, yearh?