MQP DEMOGRAPHICS THESIS 1C, 8-HOUR BAR
HEADER - This should be called SUPER LIQUIDITY CRISIS. This is overall route of 1C. There will not be a "1D". But I will make a super detailed 1-C later, hopefully before 9/10 if I have time.
SUMMARY - This is how gold is going to die in December-January window. So there's a move from 1725-ish all the way to 1125 in late December ending in late January.
DETAILS - I mentioned in "1B" that if prices stayed above 1765 for a while, it would need reconfirmation. That process has lead to this route. This route is a "PERFECT SHORT REVERSAL" setup for a 5 year window from linear-regression point of view. That means if you take 5 years of price action and created price action to fit a perfect short situation, we would be 4 years and 8+months into it. I am convinced this is how the gold bull market thesis dies, FOR A VERY LONG TIME. The first short is about 9/10 to 9/27.
SUMMARY - This is how gold is going to die in December-January window. So there's a move from 1725-ish all the way to 1125 in late December ending in late January.
DETAILS - I mentioned in "1B" that if prices stayed above 1765 for a while, it would need reconfirmation. That process has lead to this route. This route is a "PERFECT SHORT REVERSAL" setup for a 5 year window from linear-regression point of view. That means if you take 5 years of price action and created price action to fit a perfect short situation, we would be 4 years and 8+months into it. I am convinced this is how the gold bull market thesis dies, FOR A VERY LONG TIME. The first short is about 9/10 to 9/27.
Related Ideas
1. The second short would be late December after FOMC.
2. This move would be 1725 ish to 1425 ish, and then bounce to 1550 ish immediately.
3. The third short would be early January to late Jan, 1550-ish to 1125 ish.