MY BUDDY ZAINYZAIN99 ASKED FOR THIS, SAYS WILL DONATE $100 SHOULD I NAIL THE THE TOP. CONSERVATIVE MATH SAYS 2145-2185 ON TUESDAY 08/11/20, I CHOSE 2222 FOR EFFECT, BUT HONESTLY IF I WAS NOT OVERTHINKING, IT WOULD BE 2265. IF IT GETS CUTE ABOVE 2270, RISK AND REWARD FOR SHORT SELLING IS BEYOND RIDICULOUS. First and foremost, please like/follow for my sake. ...
THE MORE THINGS CHANGE, THE MORE THEY REMAIN THE SAME. I just updated BTCUSD and found 14130 by Thursday 8/6. So the question is: what is gold doing on Thursday 8/6? This is a possibility. This rally is scheduled to be finished 8/12 ish. NFP is 8/7. If it decides to break up early, it might finish by 8/6.
THIS IS A BREAK DOWN OF WHY I CHOSE THE "DARK HORSE" ROUTE TO BE THE FAVORITE. 1) First the red route, which is the 2009-2010 fractal and eliminated a while ago. In this this route, gold would have been rejected at all time highs and gone down already. Honestly, this was not ever considered seriously because of the way prices moved up without any real...
DON'T BELIEVE ME? HERE'S SOME EVIDENCE FROM 6/19 & 7/9: CLICK THE REPLAY I DARE YOU. THEN COME BACK IN 3 WEEKS AND REPLAY THIS ONE!
THE LAST 4 POSTS FOR PRS LIVE#1 DID NOT COMMIT TO A STRONG FAVORITE BC THERE WERE TOO MANY REASONABLE OUTCOMES. HOWEVER, THE DARK HORSE ROUTE POSTED RIGHT BELOW IS NOW A 55% FAVORITE VS ALL OTHER OUTCOMES COMBINED (INCLUDING OTHER BULLISH OUTCOMES). PRS SEES THE FLOOR FOR THE NEXT 10 TRADING DAYS IS 1945 AND MAY OR MAY NOT BE HIT.
FIRST DRAFT D-MAP FOR NEXT 40 DAYS. WILL REFINE AGAIN IN TIME. PRS LIVE #1's strategy tranche in these tops and cover in September. However, tactical traders can also short these tops individually if that is your thing. See you, space cowboys.
AGAIN, THE TRADE FOR PRS LIVE#1 IS BUILDING SHORT POSITIONS FOR MASSIVE RETRACE AFTER 9/05. HOWEVER, THIS IS A POSSIBLE BUT NOT YET PROBABLE OUTCOME THAT BC OF THE SIZE OF THE MOVE, MUST BE CONSIDERED FROM WHERE WE ARE STANDING. How will we know if this is going to happen. First a new high IN BOTH SPOT AND FUTURES. A major sign would be future prices...
SANTA HATES GOLD ANYWAY SO WHO CARES? BUT IF YOU'VE BEEN GOOD, IT'S GOING TO BE THE ABSOLUTELY PERFECT ENTRY FOR 2021'S TRADE OF THE YEAR. FIRST THOUGH, THIS IS A 6-MONTH MAP USING GC2!, WHICH IS 2ND MONTH FUTURES. CONSIDER THIS THE FIRST DRAFT FOR THE ACTUAL TRADE, WHICH I WILL MAKE A DERIVATIVE MAP FOR USING XAUUSD NOTE THAT GC2! PRICES HAS BEEN $25-$65...
New idea, instead of maps and bubbles, let's try a BB-type zone. Excited to see results.
NO MORE TREND LINES. JUST TRADE ZONES.
TRADE OF THE CENTURY #15 IS CANCELLED, IT WAS A GIANT COMPUTING ERROR. SO LETS ACT LIKE THAT DIDN'T HAPPEN. MEANWHILE... Had some technical problems with my crew calling out MASSIVE HIGHS ALL AFTERNOON. But it's not happening. What will happen is a little better than what was thought possible originally. This does imply that 9/05 has a shot above 2160. But...
THIS IS THE FIRST DRAFT OF PRS LIVE TESTING #15. THIS WILL ALSO BE THE LAST PRS LIVE TEST. WILL EXPLAIN LATER. Need to see what happens on 23rd and 24th. I need 1920 first followed by 1820 OR something like it prior to 7/29 dual FOMC/rollover ramp.
IF #4 CAN CLOSE 2040 THE FIRST OF AUGUST, THIS IS WHAT'S COMING AFTER THAT.
IF YOU TRADE GOLD PAY ATTENTION RIGHT NOW, THIS IS RIGHT NOW BETTER THAN A COIN FLIP!! BUT IF THIS PLAYS TO 1917. IT WILL CORRECT AT LEAST 3.5% IF NOT ALL THE WAY TO 1818. IN THIS SCENARIO: YOU ONLY HAVE 1 CHANCE TO GET IN BEFORE SOME MASSIVE MOVE UP THAT COULD BE 2200 LITERALLY BY 9/05. THIS IS NOT A JOKE!! ALL THE NOTES ARE SELF EXPLANATORY.
LAST CALL FOR THIS TRAIN. CHOOSE YOUR BUBBLES. STRATEGY IS HOLD THROUGH AUGUST, IGNORE 1920 AND DEMAND 2025, 2040. THIS IS GOING TO TO TAKE 7 BEAUTIFUL WEEKS. Just don't get too crazy and start demanding 2100, bc a major retrace is going to happen to retest the breakout. You should be stingy as a trader. But now is not the time to wait for 1792 or even 1810. ...
PRS #4 (TRADE OF THE YEAR) REPOSITIONING 100 HOURS FRACTAL THIS IS THE BREAK BETWEEN PART 1 AND PART 2. THE SHORT IS NOT A LIVE TESTING TRADE. BUT IT'S WHAT I SEE RIGHT THIS SECOND. ALL UPDATES WILL CONTINUE HERE UNTIL I UPDATE A NEW CHART.
SOME ONE JUST NOTIFIED ME THAT MY LAST CHART DIDN'T MESH WITH THE COMMENTS, SO HERE IS A BETTER VIEW. BASICALLY:SELL NOW, REBUY IS FRIDAY/MONDAY AROUND 1805-1810.
Well, I didn't call it trade of the year for nothing. Will update ahead of 7/29. This date is highly critical whichever way you cut it.