Introduction - Price decided to follow route for DRAFT 0 instead of DRAFT 1 for NFP. Not only that, we can't get a 2% correction for profit taking. So the only route left, with so little time left involves 2215 high Sunday night, 2165 Monday check down, gearing up for CPI by Tuesday AM and 2340 by Wednesday morning. Details - See previous drafts for how we got here.
Introduction - In "DRAFT 0", Binary Forecasting Service verified that 2340 was indeed coming. Originally, trend engine schedule it for Friday 03/15 but I added Monday 03/18 as room for error. However, it seems that I was too careful, because trend engine is now calling for 2340 by 2 AM ET, on Wednesday, 03/13. Details - I am publishing first and adding details...
Introduction - So 02/21, at 2027, I started 2150 by 03/08. That was 6.07% in12 trading days, but hit today with 2 days to spare. I'm not saying this to brag, but who else on TradingView saw that coming? So what? That's old news. The old way used to be, "What have you done for me lately?" The new world is now, "What can you do for me in 8 trading days?" With...
Introduction - This is DRAFT 6 for 2150. We hit 2120 today. Trend engine says 2200 Tuesday morning. Followed 2100 on Wednesday. Details - See previous drafts for details.
Introduction - First draft at 2025 - and 12 days ago - called for 2150 on or before 03/08. After four drafts, we finally made "the still highly likely 2087". The manner in which we arrived there on Friday was deemed suspicious by pattern recognition software. With short and medium term trends slow to catch up, Binary Forecasting Service expected very bearish...
Intro - We are still on DRAFT 1 (link is below). Should the gold gods favor massive underdogs this time around, it should be this route that bulls take to salvation. We will know by Tuesday 3 AM ET, the hour in which bears of the UK (also known as LBMA) unite and - in their vanity - attempt to put this bull market six feet under. It is undoubted true that bears...
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...