PREPWORK FOR 01/10-01/15 RALLY (1 of 4)
SUMMARY - I've talked for 20 months about 01/10/24 to 03/08/24 as being the last argument for gold bull market. That is to say - if it's going to do - this is the last window to to make it a reality. This window now features four rallies of which this is the first one from 01/10 to 01/15, with a top around 2190 give or take.
NOT LINEAR REGRESSION FORECASTING - This is just my personal trading for myself I am putting up for the record in this window.
FIRST THINGS FIRST - Gold needs to decide on high route or low route for the next move before the five staircases. There's no legit way to to tell how it is leaning now.
NOT LINEAR REGRESSION FORECASTING - This is just my personal trading for myself I am putting up for the record in this window.
FIRST THINGS FIRST - Gold needs to decide on high route or low route for the next move before the five staircases. There's no legit way to to tell how it is leaning now.
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ANOTHER MIRROR IMAGE - If you replay the previous post, #17! it was a again a mirror image. That's the reason for the mirror image here on slant yellow vs blue. Personally, I think blue. If it does decide to move with yellow, it should do within 3 hours of market re-open ON MONDAY AFTERNOON 6PM ET.
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FOUR RALLIES RIGHT NOW:
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12/30, PROBLEM! FED MINUTES ON WRONG DATE!
a) it's 01/03 not 01/09
b) just be aware
a) it's 01/03 not 01/09
b) just be aware
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c) ADP wrong date too... need new chart
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d) 12:22 PM 12//30, so as soon as we have that first move, we will know a lot more
e) and then the offsetting dates and wrong dates can get fixed at the same time
f) so by Monday night or Tuesday morning, it will be a lot easier to plan for
e) and then the offsetting dates and wrong dates can get fixed at the same time
f) so by Monday night or Tuesday morning, it will be a lot easier to plan for
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12/30 2:37 PM, I've talked about this zone 01/10-03/08, 2024 for 19, 20 months now
a) but I had made a mistake on the time frame of rally
b) I had it set for 7 year, making this the tail end of the move since 2016
c) but this is wrong, because we are in the of tail end of the move since 1967
d) so what?, so that's 56 to 7 years, 8:1 scale difference
e) meaning the waves don't "have to reset for a 7 year move"
f) they are now "resetting for a 56 year move"
h) so we are going to get bigger moves and EVEN BIGGER 2-WAY VOL
i) in simple terms:
1) we are going to get a HUGE RALLY to March 8th (this may top by March 1st)
2) and the mother of all retraces from here to June, Maybe July
a) but I had made a mistake on the time frame of rally
b) I had it set for 7 year, making this the tail end of the move since 2016
c) but this is wrong, because we are in the of tail end of the move since 1967
d) so what?, so that's 56 to 7 years, 8:1 scale difference
e) meaning the waves don't "have to reset for a 7 year move"
f) they are now "resetting for a 56 year move"
h) so we are going to get bigger moves and EVEN BIGGER 2-WAY VOL
i) in simple terms:
1) we are going to get a HUGE RALLY to March 8th (this may top by March 1st)
2) and the mother of all retraces from here to June, Maybe July
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12/31 12:38 PM
a) this chart is no good
b) I will have part 2 soon
a) this chart is no good
b) I will have part 2 soon
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HERE IS PART 2:
