MQP PRESENTS GOLD CRASH ENDING
HEADER - This is the end of gold bull thesis.
SUMMARY - This is what price regressions show cumulatively for all available time frames (since 1960s). For what it's worth, this is also then end of of my development of regression-based forecasting. Kind of funny that my first published idea was also called "gold crash", but it is what it is.
PREREQUISITES -
1. price closely follows bold line to December 14th
2. if price swings past bold line upside, then it must swing down even harder prior to 12/14 to "HOLD THE TREND"
3. price is at 1640-1670 on 12/14
FORECAST - Gold will then move to 1450 by 12/22/22, maybe by 12/18/22.
EXECUTION - GC futures puts.
No updates to this one, full stop.
SUMMARY - This is what price regressions show cumulatively for all available time frames (since 1960s). For what it's worth, this is also then end of of my development of regression-based forecasting. Kind of funny that my first published idea was also called "gold crash", but it is what it is.
PREREQUISITES -
1. price closely follows bold line to December 14th
2. if price swings past bold line upside, then it must swing down even harder prior to 12/14 to "HOLD THE TREND"
3. price is at 1640-1670 on 12/14
FORECAST - Gold will then move to 1450 by 12/22/22, maybe by 12/18/22.
EXECUTION - GC futures puts.
No updates to this one, full stop.
Comment:
THURS 09.15.22, 1662 FWIW ... CURVES HAVE SHIFTED. WE ARE TARGETTING 1640 BEFORE FOMC. AND 1560 AFTER FOMC. BY 9.30 IF ON TIME, 10/10 IF SLOW.
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