LIVE #7! THE MOST ACCURATE GOLD FORECAST IN THE WORLD.
SUMMARY - This is the 12/06, 45-min bar, 120-hour completely ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post #6!, I meshed out the blue arc's price action and it looks like this. Don't worry that it doesn't look like an arc, it will when we tag 2250 on 12/19.
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 throughout duration of this forecast to supplement - not replace - your trading discipline and risk management. Be aware that there is AN ACTUAL LIMIT on the number updates I can do per post, so I am not going be super detailed. That said, it's been working anyway.
DETAILS - Links for most recent and relevant posts are below for background and how we got here. I recommend that you replay them occasionally as frame of reference, but most importantly, as evidence that legit forecasting help you win day in and day out. And if my forecasts help you make REAL MONEY, help me out by spreading the word to people you know PERSONALLY to keep this thing going. Please hit like/boost 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 throughout duration of this forecast to supplement - not replace - your trading discipline and risk management. Be aware that there is AN ACTUAL LIMIT on the number updates I can do per post, so I am not going be super detailed. That said, it's been working anyway.
DETAILS - Links for most recent and relevant posts are below for background and how we got here. I recommend that you replay them occasionally as frame of reference, but most importantly, as evidence that legit forecasting help you win day in and day out. And if my forecasts help you make REAL MONEY, help me out by spreading the word to people you know PERSONALLY to keep this thing going. Please hit like/boost button.
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3:38 PM
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3:48 PM BE PATIENT W/ THIS ONE, COULD FAKE OUT LIKE THIS:
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12/06 6:35 PM, I THINK I HAVE THIS RIGHT
a) I like this one...
b) I'm in there already
c) the only major risk is the next 7-8 hours
d) wanna play it safe then wait for check down tomorrow
e) we can't too far anyway until Friday
a) I like this one...
b) I'm in there already
c) the only major risk is the next 7-8 hours
d) wanna play it safe then wait for check down tomorrow
e) we can't too far anyway until Friday
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7:26 PM HERE'S THIS AND GOOD NIGHT:
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AND FINALLY:
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7:51 BTW... that doesn't mean be reckless ok?
a) put a stop in, in case of shenanigans
b) after we break that triangle ...
c) there's NO REASON we should see 2020s FOR YEARS...
a) put a stop in, in case of shenanigans
b) after we break that triangle ...
c) there's NO REASON we should see 2020s FOR YEARS...
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12/7, 10:11 AM ET 2026.XX IN DANGER HERE :
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10:22 AM THERE'S A DIFFERENCE...
a) so in the FIRST HOUR of publishing post #5!, when it dropped from 2019 to 2018...
b) I got suspicious, closed my my longs, started shorting
c)) after 2019.5 stopped out, went long... and decided to quit at 2020.5.
d) ALL OF THAT while price moved between 2017.5 and 2021.5 (4 points)
e) and said ti was over for that draft...
f) WE JUST DROPPED 14 FROM 2039 TO 2025
g) and yes there's danger, that's why we have stops
h) BUT UNTIL BEARS PROVE IT IT... I STILL LIKE MY ODDS HERE
a) so in the FIRST HOUR of publishing post #5!, when it dropped from 2019 to 2018...
b) I got suspicious, closed my my longs, started shorting
c)) after 2019.5 stopped out, went long... and decided to quit at 2020.5.
d) ALL OF THAT while price moved between 2017.5 and 2021.5 (4 points)
e) and said ti was over for that draft...
f) WE JUST DROPPED 14 FROM 2039 TO 2025
g) and yes there's danger, that's why we have stops
h) BUT UNTIL BEARS PROVE IT IT... I STILL LIKE MY ODDS HERE
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i) all that is just saying what price does in some spots matter more than other spots
j) this spot can be expected to fake out like this
l) and while BEARS HAVE TO PROVE THEY LEGIT by breaking under 2025 ...
k) BULLS HAVE TO PROVE THAT IT'S A FAKE OUT by closing near the high...
j) this spot can be expected to fake out like this
l) and while BEARS HAVE TO PROVE THEY LEGIT by breaking under 2025 ...
k) BULLS HAVE TO PROVE THAT IT'S A FAKE OUT by closing near the high...
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12:03 2023.xx DANGER LOST OF SUPPORT!!
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12:08 PM 2022.xx BEARS AIMING FOR 2015
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12:21 2022.XX BULLS HAVE 2 HOUR MIRACLE WINDOW.
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12:44 PM 2027.XX For those that wants to know:
a) I bought puts at 2025 and covered already
b) so essentially same as getting stopped out and buying back in
a) I bought puts at 2025 and covered already
b) so essentially same as getting stopped out and buying back in
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c) I didn't buy until the second break of 2025 going back up
d) not smart enough to reload at 2020... THAT'S GUTSY AND ALSO STUPID
d) not smart enough to reload at 2020... THAT'S GUTSY AND ALSO STUPID
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1:04 PM, BULLS HAVE ONLY BOUGHT 30 MIN MORE TO CLEAR LIGHT BLUE LINE...
a) so the hard spike up adjusts the waves enough TO STOP A SPECIFIC DEATH CROSS for this setup
b) where "x" period crosses under "2x", this is where I marked the light blue line
c) so bulls have roughly until 1:30 to make it up.
d) what happens if they DON''T IN TIME???
e) THEY WILL NO LONGER BE FAVORED TO DO IT
f) not they can't later, but it bcomes 49% AND DROPS QUICKLY....
a) so the hard spike up adjusts the waves enough TO STOP A SPECIFIC DEATH CROSS for this setup
b) where "x" period crosses under "2x", this is where I marked the light blue line
c) so bulls have roughly until 1:30 to make it up.
d) what happens if they DON''T IN TIME???
e) THEY WILL NO LONGER BE FAVORED TO DO IT
f) not they can't later, but it bcomes 49% AND DROPS QUICKLY....
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1:30 PM GOTTA GET GOING SO:
a) for chart above if bulls pull this out and complete the list
b) THIS PUTS US IN A STRONGER POSITION vs previously w/o the 2020 check down
c) we get a strong tripple bottom signal
d) machines love this signal here:
e) for chart above, in the notes from yesterday I said be patient with this one
f) in case of a fake out
g) I thought it would've ben last night to have "more symmetry"
h) again, no one ever said this would be easy...
i) but if we pull this out and close strong, this route has a lot of potential
j) remember, last Friay's close was 2072... we can't close this week under that
k) and hope for a rally during week of FOMC...
l) makes no sense, no matter what the regressions say
m) the weekly bar would look like guaranteed trash
n) so the closer we are to 2042 at this close ...
o) the better the odds of closing Friday 2080
p) that's our situation now
b) THIS PUTS US IN A STRONGER POSITION vs previously w/o the 2020 check down
c) we get a strong tripple bottom signal
d) machines love this signal here:
f) in case of a fake out
g) I thought it would've ben last night to have "more symmetry"
h) again, no one ever said this would be easy...
i) but if we pull this out and close strong, this route has a lot of potential
j) remember, last Friay's close was 2072... we can't close this week under that
k) and hope for a rally during week of FOMC...
l) makes no sense, no matter what the regressions say
m) the weekly bar would look like guaranteed trash
n) so the closer we are to 2042 at this close ...
o) the better the odds of closing Friday 2080
p) that's our situation now
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q) and remember, even after dropping to 2020, I DID NOT GIVE UP ON THIS ROUTE
r) but there will be times when it misses a point or two, and I will give up on an idea
s) even if it took me the whole day to identify, proofread, detail and write up that idea
t) why?
u) who cares how long it took you to get an idea IF IT CAN'T WIN
v) pay attention to your emotions, 90-95% of the time, IF YOU ARE UNCOMFORTABLE...
w) there is something WRONG
y) AND IT'S NOT OK TO IGNORE IT!
r) but there will be times when it misses a point or two, and I will give up on an idea
s) even if it took me the whole day to identify, proofread, detail and write up that idea
t) why?
u) who cares how long it took you to get an idea IF IT CAN'T WIN
v) pay attention to your emotions, 90-95% of the time, IF YOU ARE UNCOMFORTABLE...
w) there is something WRONG
y) AND IT'S NOT OK TO IGNORE IT!
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THIS POST HAS ENDED AND HERE IS THE NEXT ONE:
Ý tưởng liên quan
a) as I said, not a lot going to happen is what i t looks like.
b) but we need to watch it case it does decide to go black arc last minute