#5-9 THE MOST ACCURATE GOLD FORECAST IN THE WORLD
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 suspicious of another failed curve. But that doesn't mean you can't profit from by going in off the bat at the bottom.
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 rule. As usual, this MUST be used with continuing notes posted the following 12-16 hours to supplement - not replace - your trading discipline and risk management. As of late, forecasts are once/twice per day to be continuously relevant. As always, when price action disagrees with forecast meaningfully and I do not respond in time, SCRAP THE FORECAST and trade defensively.
HOW TO USE - Blues are strong bull routes. Oranges are strong bear routes (none this time). The darker the color, the more likely price action will take that path.
DETAILS - Links for most recent and relevant posts are below for background and how we got here. I recommend that you replay them (especially if you are new to us) occasionally as frame of reference, but most importantly, as evidence that these forecasts help you cash day in and day out. Ask my readers.
IF MY FORECASTS HELP YOU MAKE REAL MONEY - Want more posts, more accuracy and more updates? Help me out by spreading the word to people you know PERSONALLY. Word of mouth is the best way to help make this a thing. The more demand I have for this, the more posts on more tickers I will make. The current rates of followers and readership is really not worth it for me to keep going, but I keep trying everyday to make you money. If you don't have friends because your wife say they are too much fun, well then I guess hit the boost/like button.
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 rule. As usual, this MUST be used with continuing notes posted the following 12-16 hours to supplement - not replace - your trading discipline and risk management. As of late, forecasts are once/twice per day to be continuously relevant. As always, when price action disagrees with forecast meaningfully and I do not respond in time, SCRAP THE FORECAST and trade defensively.
HOW TO USE - Blues are strong bull routes. Oranges are strong bear routes (none this time). The darker the color, the more likely price action will take that path.
DETAILS - Links for most recent and relevant posts are below for background and how we got here. I recommend that you replay them (especially if you are new to us) occasionally as frame of reference, but most importantly, as evidence that these forecasts help you cash day in and day out. Ask my readers.
IF MY FORECASTS HELP YOU MAKE REAL MONEY - Want more posts, more accuracy and more updates? Help me out by spreading the word to people you know PERSONALLY. Word of mouth is the best way to help make this a thing. The more demand I have for this, the more posts on more tickers I will make. The current rates of followers and readership is really not worth it for me to keep going, but I keep trying everyday to make you money. If you don't have friends because your wife say they are too much fun, well then I guess hit the boost/like button.
Comentarios:
6:22 PM ET ... this one will get stuck at the previoius top
a) it's not going to bust through until 11 PM or something...
b) but once it does ... IF IT DOES IT AFTER 11 PM .. it will fly up
c) but if makes through early, expect big a couple of big swings..
d) this is bc the waves are not set yet... but can get set if there's buying pressure indicaated by the regression wave arc
a) it's not going to bust through until 11 PM or something...
b) but once it does ... IF IT DOES IT AFTER 11 PM .. it will fly up
c) but if makes through early, expect big a couple of big swings..
d) this is bc the waves are not set yet... but can get set if there's buying pressure indicaated by the regression wave arc
Comentarios:
7:28 PM AT THAT FIRST BOX AT SUPPORT IN SO MANY WAYS... NEED TO SWING UP BIG TIME HERE.
a) I don't like it
b) but I'm also not staying up for this one..
becareful
a) I don't like it
b) but I'm also not staying up for this one..
becareful
Comentarios:
7:59 PM ET -- I have some conviction it's supposed to straight up here..
a) but not necessarily immediately
b) so the shape can't be judged bc it's waiting for a specfific moment that can't be called technically...
c) when the machines realize there are no more sellers, it should go straitght up
d) but that doesn't mean you shouldn't be careful l
e) but a stop in somewhere tight
f) see you in the morning
a) but not necessarily immediately
b) so the shape can't be judged bc it's waiting for a specfific moment that can't be called technically...
c) when the machines realize there are no more sellers, it should go straitght up
d) but that doesn't mean you shouldn't be careful l
e) but a stop in somewhere tight
f) see you in the morning
Comentarios:
10:42 PM ET some notes....
a) my position on gold is 2120 on 11/29-30 and 2220 on 12/11-12
b) that has not moved
c) the issue is HOW WE GET THERE
d) so I mentioned this while we were still in the 1970s that if you don't have time to gauge the market well
e) why frustrate yourself, just buy and hold
f) and for my main position I hold that because I've learned to not mess with a good thing
g) with that said here is what I see to end of Wednesday:
a) my position on gold is 2120 on 11/29-30 and 2220 on 12/11-12
b) that has not moved
c) the issue is HOW WE GET THERE
d) so I mentioned this while we were still in the 1970s that if you don't have time to gauge the market well
e) why frustrate yourself, just buy and hold
f) and for my main position I hold that because I've learned to not mess with a good thing
g) with that said here is what I see to end of Wednesday:
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11:04 PM.. consider draft #5-5 (replay)
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a) in chart above.. it's not terrible
b) but I guess what I am saying is
c) my forecast is really this:
b) but I guess what I am saying is
c) my forecast is really this:
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d) if you've seen my intermediate charts they always do better
e) that's bc they take so long to make
f) but I think I am doing you a disservice if I continue to suggest you trade in and out of it...
g) bc it's 1996.87 as I am typing...
h) 1965 is 31 and change ago...
i) but 2120 is 124, 2220 is another 100 up
j) and the process of making daily charts makes me lose frame of reference
k) as much as I try to keep it, it messes with my head
e) that's bc they take so long to make
f) but I think I am doing you a disservice if I continue to suggest you trade in and out of it...
g) bc it's 1996.87 as I am typing...
h) 1965 is 31 and change ago...
i) but 2120 is 124, 2220 is another 100 up
j) and the process of making daily charts makes me lose frame of reference
k) as much as I try to keep it, it messes with my head
Comentarios:
I) I get too focused on trying to nail the big rally, but it's just a bunch zig zags
m) it will make you lose track of the big prize
m) it will make you lose track of the big prize
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n) right now I think 1996 is ROCK HARD SUPPORT
o) so why not focus on making it easy on ourselves
p) so that sense
q) my focus will switch from daily posts "do i have any reason to doubt my 2120 and 2220 thesis, that's it
r) have a good night
o) so why not focus on making it easy on ourselves
p) so that sense
q) my focus will switch from daily posts "do i have any reason to doubt my 2120 and 2220 thesis, that's it
r) have a good night
Comentarios:
12:13 AM WATCH OUT FOR A LATE CURVE...
a) this loooks like it wants to do a late curve just like chart at top
b) just late...
c) it will be obvious if it does, bc it will run parallel to the arc
a) this loooks like it wants to do a late curve just like chart at top
b) just late...
c) it will be obvious if it does, bc it will run parallel to the arc
Comentarios:
d) it is ... sick!
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12:52 AM I AM GOING TO BED... but before I do this is what late curve means
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a) in chart above price leads blue wave...
b) so the order of wave action is: price, blue, red, black, pruple/navy, orange, gray
c) it has a "late arc setup"
d) but it's been ignoring arc setups for the last few days w/o follow through...
e) so this doesn't mean that it will
f) it just means the SETUP EXISTS RIGHT NOW
b) so the order of wave action is: price, blue, red, black, pruple/navy, orange, gray
c) it has a "late arc setup"
d) but it's been ignoring arc setups for the last few days w/o follow through...
e) so this doesn't mean that it will
f) it just means the SETUP EXISTS RIGHT NOW
Comentarios:
g) where the blue arrow points at is the "shape" that you watch for that indicates massive move up
h) IF there is follow through 2 important levels are 2014 and 2025 before ceiling at 2048
h) IF there is follow through 2 important levels are 2014 and 2025 before ceiling at 2048
Comentarios:
i) and the reason it would shoot up is bc the waves "TAKE TURN" turning line by line
j) in otherwords, signaling buyers on different time frame all buying
j) in otherwords, signaling buyers on different time frame all buying
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1:15 AM still up?
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a) in chart above ignore the right side...
b) left side is where we at... need to pass this messy part here.
c) if true, there's huge potential for numbers past 2014
d) if that happens, chart at top replay will be a "late arc"
b) left side is where we at... need to pass this messy part here.
c) if true, there's huge potential for numbers past 2014
d) if that happens, chart at top replay will be a "late arc"
Comentarios:
3:34 AM 2001.XX sell off since 2006.xx is too deep for this spot
a) is a concern
b) the regression structure has not changed...
c) but is about to
d) bulls need 20008 and higher to pull through.. other wise, it's a slow night
a) is a concern
b) the regression structure has not changed...
c) but is about to
d) bulls need 20008 and higher to pull through.. other wise, it's a slow night
Comentarios:
7:04 AM ET IMPORTANT!!
1) I am short term bearish
2) closing my longs here this morning
3) and then going short afterwards probably...
4) and then long again after the check down
5) it's not pretty... but that would be later today
1) I am short term bearish
2) closing my longs here this morning
3) and then going short afterwards probably...
4) and then long again after the check down
5) it's not pretty... but that would be later today
Comentarios:
THIS POST HAS ENDED. I HAAVE STARTED A NEW SERIES:
Ideas relacionadas
1) odds of you making money any way IS PRETTY GOOD HERE
2) especially if you buy right off open, but a stop under the curve
3) you should be fine
4) if it crosses the curve, that just means price action is harder to anticipate
5) bc of defensive trading, if it crosses, consider this idea dead
6) I am not going to be much help tonight bc I'm tired AF ...
7) have a good one