Binary_Forecasting_Service

RUMORS OF A PIVOT, PART 4, POST-PIVOT FINALE

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
HEADER - I started this series in September 2022 when Bank of England made the first move. This is the closure that this series deserve.

SUMMARY - The following are the posts that nailed the 1610 turn 40 days ahead and forecasted the macro move to today:

1) DRAFT 1, 10/03/22, 4-hour bar, that warned of the incoming turn:
2) PART 2, 11/06/22, 90-min bar, absolutely nailed 1610-1780 spike (to be fair, early by 1 day):
3) PART 3-6, 11/10/22, 12-hour bar, forecasted 2080, 1840, and 2080 again, leading to today:

DETAILS -Some of PART 3 dealt with silver and intermediate methodology (at that time still work-in-progress). I've left out the short-term drafts because they were more or less total trash. To be fair, I've had only begun to formulate forcasting method for that, which I proved successful FOR 100 DAYS STRAIGHT from 9/12 to 12/20 of 2023.

4) PART 3-3, 11/08/22, 6-hour bar, intermediate, caught the "mirror image" on a curve. Mirror images - for whatever reasons - are a major theme of price forecasting. You either catch the move, or a mirror image of a move either on a curve or on a straight line:
5) PART 3-7B , 16-DAY bar, forecasted imaginary move (hasn't happened) that I strongly believe will still catch up and exceed the chart by summer 2025:

OUTRO - Naturally, long term was obviously easiest to solve. Short term, though tedious to solve, was not difficult in terms of how to get there. You can find the evidence in the notes of this thesis page linked here (but the thesis chart itself is and intermediate chart still wrestling with "mirror image problem"):

ENCORE - The obvious question is have I solved for the intermediate "mirror image problem"? This week, in a moment when I thought it was impossible, I have strong conviction I have solved it with 2 caveats:

1) Because gold is in bull trend overall, it's obviously "easier" for me to nail intemediate charts from here to January 2026. So as I am about to begin the 24-month process to prove the combined short-and-intermediate term forecasting MUCH MORE THAN POSSIBLE, there's one question left.

2) Can it be done when there's no wind in our sails? The answer is an absolute but tedious yes. This process requires 12-16 hour days including weekends from me to make ERROR FREE. Error free here in the sense to identify a turn at the very very fist possible point, which is a .20-.25% of a move in either direction I have conviction that with enough processing power and 24-36 month window, this process can be totally automated and improved to "'as perfect as forecasting software as possible". This is something I plan to begin should I be successful from here to May 25th of this year. I say this while I believe in my mind that the original group of people behind Medallion probably did it 30 years ago.

END.
Comment:
NOTES FOR SUMMER 2024 CORRECTION.
1) This draft has made one assumption for summer 2024 correction.
2) That is 2350 should hold when the retrace comes.
3) If it does not hold, then we would need a PART 5.

UNDER BAN. To join discussion group (not channel, not a subscription), you can go here:

t.me/+qXv5d6B2SwhlNTMx
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.