Introduction - Binary Forecasting Service's trend engine says that bulls are zombies. They are dead, but they just don't know it. Details - Previous four forecasts was chasing 2150 by end of coming week. Despite "catching up" to trend", short to medium term regression waves are not moving up fast enough. This is A recipe for the "C" in Elliot Wave's A-B-C. In...
Introduction - Trend engine says this is going to happen. Except we don't know what happens in the box. While I work on that this is draft 1. Details - Will add as we go.
Introduction - This is second draft focused on this box, this blue hi-light - this time - is somewhat predictive. Details - Will add as we go.
Introduction - In DRAFT 1 and DRAFT 2, I already discussed the "why" and the "how". In this draft, we focus on the just the "what". As in, "what" is going to happen from here on out. Details - In my mind, 2087 is "in the bag", so to speak. This rally will have 2 highs or a double top at the end. The level of the second top should be at least 2110-2120. ...
Introduction - Earlier this week we eliminated 2150 but was still aiming for 2125. Price action last 36 hours have lowered that ceiling under 2110. In theory, that could still hit. But if trend of "lowering ceiling" continues, we have to settle for 2087. DETAILS - The lack of commitment by short term traders has price hanging around "almost" breakout...
INTRODUCTION - This is the second 02/12/24, 15-min bar, ultra-detailed, 16-hour trend map for FXOPEN XAUUSD spot gold ticker. This chart is expected to be useful until first vertical dashed line or 16 hours. If price disagrees meaningfully - such as when price leaves boxes - then this map expires IMMEDIATELY, If price agrees, then recasting is required after 16...
INTRODUCTION - This is 02/12/24, 15-min bar, ultra-detailed, 16-hour trend map for FXOPEN XAUUSD spot gold ticker. This chart is expected to be useful until first vertical dashed line or 16 hours. If price disagrees meaningfully, then this map expires IMMEDIATELY. If price agrees, then recasting is required after 16 hours. DETAILS - The previous #2 draft was...
INTRODUCTION - This is 02/09/24, 15-min bar, ultra-detailed, 16-hour trend map for FXOPEN XAUUSD spot gold ticker. This chart is expected to be useful until expiration at dotted line (16 hours). If price disagrees meaningfully, then this map expires IMMEDIDATELY. If price agrees, then recasting is required after 16 hours. DETAILS - Friday's afternoon's weak...
Gold miners have shown relative weakness to the metals since topping in 2020, and that looks likely to continue in the near term. However, when this consolidation completes, the mining stocks should once again shine and starts catching up, potentially in the next couple of months. For this reason, the time has come to keep this group on your watch list as a...
INTRODUCTION - This is 02/08/24, 15-min bar, ultra-detailed, 16-hour trend map for spot gold price. This chart is expected to be useful until expiration at dotted line (16 hours). If price disagrees meaningfully then recasting is necessary after 8 hours. If price agrees, then reconfirmation is needed after every 16 hours. DETAILS - I've given up waiting for...
NTRODUCTION - Bears have shifted intermediate curves meaningfully. But they are still dogs. This is the second 02/08/24, 15-min bar, ultra-detailed, daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. DETAILS - Medium term curves have shifted so much now that...
INTRODUCTION - This is the 02/08/24, 18-min bar, ultra-detailed >> incomplete signal << in this CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. This one IS SO HARD, you don't even know. DETAILS - So I finished #4B and went back to post #3 to post most recent notes bc #3 was...
INTRODUCTION - This is the 02/05/24, 15-min bar, ultra-detailed daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. We've reached tipping point, while bulls still favored 51/49, a move under 2015 would make orange route here the favorite. Taking orange route here...
INTRODUCTION - This is the second 02/06/24, 15-min bar, ultra-detailed daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. This is #4, updated with "reconciliation" for all trend charts. DETAILS - I think the cycles people are mistaken. In my humble opinion, most...
INTRODUCTION - This is the 02/06/24, 15-min bar, ultra-detailed daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. In previous post #3, bulls hit the box as required, now they have 3 routes to take and it's too early to say which one. DETAILS - As stated in the last...
INTRODUCTION - This is the 02/03/24, 15-min bar, ultra-detailed daily binary, CONTINUOUS & EVOLVING FORECAST (changes as often as I can update) for direction and shape of price action in FX_IDC XAUUSD gold ticker. In my humble opinion, blue route should be the favorite from now to noon on Tuesday. DETAILS - Link to #1 is in links section below. In that post, I...
SUMMARY - So blue route is most likely route and all its variations. Gray route is the mirror image. Why have it? Because it has proven useful that I make the "opposite of the favorite route. It should either one or the other OR BOTH AT DIFFERENT TIMES. DETAILS - This covers next 48 hours of price action.
SUMMARY - This is just in case we move for 2011 overnight. DETAILS - Price must be on time for bear case to win Thurs/Fri's move to 1970-1985 area.