#008.4 GOLD 8 DAY PROJECTION TO 04/23
FINALLY GOT THE SPIKE WE WERE LOOKING FOR, SO?
1. I'm a believer that strength is strength and weakness is weakness. Since it's slower than I expected, the ceiling to 04/23 should be 1852 not 1882.
2. With the unlikely exception that is Gold goes straight through 1815 overnight in which case follow the strongest line here.
3. Otherwise, these two boxes represent the two highs that is currently projected to 04/23 prior to APRIL FOMC.
4. If strong, gold can hit 1793 ceiling before New York close today.
In other notes:
1. I'm aware that my previous bitcoin chart is nailing the move up, but I've killed the idea AND explained why I did.
2. Until my issue with the hidden volume is worked out, I have no interest in making projections for bitcoin short or long term.
3. Please please please follow my silver projections from now to September. We are going to kill it this summer with silver.
4. I don't have enough experience/access to Uranium information/resources etc... so in that sense, I probably shouldn't be projecting URA/UEC, BUT...
5. I'm sticking with both calls, just delay the the move 3-4 more days. I expect MAJOR movement next week. All done by next Friday.
6. The reason is the math says what it says:
a) if URA holds 19.00 through Monday, I'm still super bullish through next Friday.
b) if URA breaks under 18.65 (consider this my new SL for URA), then it's likely over.
c) if in between, maybe new chart over the weekend
d) if and when it moves, it will make the run in only 2 days, from 20 to 27.
have a good week!
1. I'm a believer that strength is strength and weakness is weakness. Since it's slower than I expected, the ceiling to 04/23 should be 1852 not 1882.
2. With the unlikely exception that is Gold goes straight through 1815 overnight in which case follow the strongest line here.
3. Otherwise, these two boxes represent the two highs that is currently projected to 04/23 prior to APRIL FOMC.
4. If strong, gold can hit 1793 ceiling before New York close today.
In other notes:
1. I'm aware that my previous bitcoin chart is nailing the move up, but I've killed the idea AND explained why I did.
2. Until my issue with the hidden volume is worked out, I have no interest in making projections for bitcoin short or long term.
3. Please please please follow my silver projections from now to September. We are going to kill it this summer with silver.
4. I don't have enough experience/access to Uranium information/resources etc... so in that sense, I probably shouldn't be projecting URA/UEC, BUT...
5. I'm sticking with both calls, just delay the the move 3-4 more days. I expect MAJOR movement next week. All done by next Friday.
6. The reason is the math says what it says:
a) if URA holds 19.00 through Monday, I'm still super bullish through next Friday.
b) if URA breaks under 18.65 (consider this my new SL for URA), then it's likely over.
c) if in between, maybe new chart over the weekend
d) if and when it moves, it will make the run in only 2 days, from 20 to 27.
have a good week!
Comment:
BTW, those skinny light PURPLE lines are previous gold rallies.