SUMMARY - This is the 12/03, 15-min bar, 38-day generic, 15-day ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the first draft - link below- this second draft only considers reasonable outcomes that fit all layers and ratios of linear regression from all available data on all time...
Gold achieved a historic milestone with a record monthly close in November 2023. For gold bulls, the next crucial step is the formation of a bullish consolidation, potentially leading to a bull flag pattern on the weekly chart. However, the path ahead is not without challenges, as indicated by the significant resistance levels depicted by the blue lines on the...
SUMMARY - This is the follow up to #003. I had said that I would get #004 out by 9PM. It is 6:15, and this thing is already moving. SO WHAT? - So 2068 is next. WHEN - By 8:15 AM, so 15 hours out. But this is inaccurate, it should closer to 6 AM. OTHERWISE - Don't have time to make it all look nice and neat bc I have to get going.
SUMMARY - This is the 11/30, 15-min bar, 100-hour partially detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #002, this is now my base case. We are in a selling zone, but I am not convinced the bears have enough to take this under 2018-2020. Bulls are already announcing they want a...
SUMMARY - This is the second 11/29, 15-min bar, 12-hour partially detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #001, this is now base case. 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...
SUMMARY - This is the 11/29, 15-min bar, 12-hour partially detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from LIVE #3!, gold has another last second route. I have serious concerns about this one. So be alert and be careful, especially because I cannot add notes as much as I usually...
AMEX:GDX Bull Flag Breakout, now AMEX:GDX target price around 34-35
Gold is up an even 10% year to date. The precious metal has frustrated bulls at times in 2023 but falling real interest rates over the past several weeks have undoubtedly been a boon. While it’s encouraging to see spot gold climb above the $2000 per ounce mark, I see potential upside in the VanEck Gold Miners ETF (GDX). Notice in the chart that the portfolio of...
FORECAST - 2120 on 11/29/23 and 2220 on 12/12/23. SUMMARY - This is the 11/23/23, 80-hour simultaneously generic and ultra detailed (unreal), CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. This has to be done live. I will add as much as I can when I can. WARNING - As a precaution, the first rule of trading...
SUMMARY - This is the 11/23/23, detailed CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. This continues from #001 NO MORE THINKING which only tag 1987 yesterday and set up a rally for the evening that failed at 1998. I I broke down that rally step by step until I got busy but did say that the rejection at 98...
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...
SUMMARY - This is the 11/21/23, 16-hour ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #5-7 because we had to kill off #5-8 early, this is the next trade-able bull arc that looks promising from my end. Like with #5-8, as soon as it starts GOING SIDEWAYS TOO LONG, you have to be...
The AMEX:GDX , a notable gold miners ETF, is currently displaying a Bull Flag formation, indicating a potential breakout on the horizon. My perspective remains that we are on the cusp of a significant breakout, one that could not only impact the gold market substantially but also trigger an even larger movement in mining stocks. Admittedly, I've held this view...
SUMMARY - This is the 11/20/23, 15-min bar, 96-hour generic with, 36-hour ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #5-6, price decided on the lowest route of of #5-6 (blue so light you can barely make it out. As stated, I loaded up in the morning. I also moved 2120 and 2220...
SUMMARY - This is the (second in 3 hours) 11/20/23, 15-min bar, 24-hour ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #5-7, I started writing this 100 pt move in (originally needed 34 hours to complete the first 90 to 2080) at 5:06 PM ET while still at 1977. By 6:27 PM realized...
SUMMARY - This is the 11/19/23, 15-min bar, 80-hour detailed with, 40-hour ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. This continues from #5-5, the workup for this draft. I closed Friday thinking that the move down was NOT complete. I think that's only half true. What I really see is 3...
SUMMARY - This is the 11/17/23, 15-min bar, 5-day, working draft of the CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. #5-4 rally really got killed at 1:04 AM this morning when I said "CANCEL EVERYTHING" because there were perfect curves aiming for 1956. At 2:45 AM, I said gold had bought 2 more hours and had...
SUMMARY - This is the 11/15/23, 15-min bar and 49-hour completely detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. This the follow up to the what the PPI rugpull that destroyed our bullish dreams in #5-3. No matter, MQP returns to you with another "manipulated curve." What is a manipulated curve? It...