LIVE #8! THE MOST ACCURATE GOLD FORECAST IN THE WORLD

SUMMARY - This is the 12/07, 15-min bar, 48-hour generic, 24-hour detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post #7!, I stated that not closing strong WAS NOT OK. The reason is that it creates several different outcomes. While the move to 2080 is still base case at 5:40 PM ET 12/07. This can easily change based on what happens before Friday morning's NFP.

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.

Comment:

5:45 PM ET - FOR CHART ABOVE:
1) dark blue is still favorite, but about to be conditional within 2 hours after re open
2) as long as price follows dark blue, it will remain the favorite and increase with passing time
3) if price follows LIGHT BLUE, then one of three things will happen....
a)) either swing back up to dark blue
b) follow orange route's drift to NFP and collapse to 1990-1995
c) OR FOLLOW ORANGE ROUTES'S DRIFT TO NFP ... BUT SWING BACK UP HARD LIKE THIS:

Comment:

4) for chart above, this is unlikely to happen this way
5) BUT SO WAS THE MOVE TO 2140 AND BACK DOWN TO 2010 a few days ago
6) you have to be aware of it

Comment:

7) I closed 3/4 of my long position ahead of of the weak close
8) I probably will add again, but price needs to cooperate
9) we MAY HAVE a triple bottom... or MAYBE A FAKE ONE...
10) we didn't get that STRONG CLOSE WE NEEDED

Comment:

11) gray outcome did not exist yesterday, now it does...
12) UNLESS GOLD CLOSES THIS WEEK ABOVE 2075 ...that's A HUGE PROBLEM.. ok??

Comment:

6:33 PM CLOSED ALL LONGS.

Comment:

6:40 PM DARK BLUE BULL ROUTE STILL FAVORITE ...
a) I am just annoyed waiting for it
b) when it decides to show its head, I'll go long then.

Comment:

7:05 PM ET 2028.57 i got a signal for 2040 overnight...
a) for what it's worth, it's a decent signal
b) it usually hits
c) the way price has been today, becareful

Comment:

7:13, 28.xx 2036 by 9:30? hmm...

Comment:

8:01, 31.xx, how about 38.xx by 10:00 PM ET

Comment:

9:10 PM ET stalling 2033.xx again as I type...
a) doesn't look like it will do 38 by 10:30.. but that's not terribly important
b) what is important is it tags 2041 or higher because
c) it changes the odds for NFP in our favor in a big way
d) remember, if we can not close tomorrow 2075-2085
e) if we can't, THAT'S A PROBLEM for bull thesis that cannot be corrected easily

Comment:

12/07, 10:48 PM ET 2031.90 IT'S OVER... BULLS HAVE RAN OUT OF TIME...
1) this is what the regressions say now
2) I think this is it for the gold bull market
3) it's over ...there's no move left that can save the bull market now
4) the math says now that closing 2090 would not save the bulls from crash the following week..
5) bulls have one card left, a setup for the black arc
6) but that is dependent on bulls holding 1965...
7) I don't right now, that they can in the next four weeks...
8) so this post has ended
9) at 2032.12 and 10:53 PM ET, I'm looking to short this now tomorrow

Order cancelled:

YOU'VE BEEN WARNED.. in the mean time....
1) can we move higher tomorrow before we go down?
2) I don't see why not..
3) I don't see us moving that high
4) I don't see past 1952
5) and I'm not staying up to to watch it
6) good night

Comment:

11:05 PM ET... no, they can hold 1965 in the next 3 weeks, then we will see..
7) but this current, the selloff to 2009 have sealed the deal, no matter what happens tomorrow
8) that's what the math says
9) good night

Comment:

11:22 PM ET: SO ROUGH DRAFT TO 12/15

Comment:

11:25 PM ET.. this guy in the comments said he saw 2132 close tomorrow...
a) yeah.. THAT WOULD SAVE THE BULLS..
b) trust me when I say I HAVE THE TOOLS TO FORECAST 100 PT MOVE IN A DAY...
c) I don't see it...
d) it's not impossible
e) but it's like a lottery ticket, probably better bc odds would be 1 in a million and not 1 in 300 million

Comment:

11:38 PM ET... is a 2080 close still possible?
a) yeah but no longer probable ...
b) this can change to probable if bulls tag and hold 1940s overnight...
c) 2052 is the right call for tomorrow

Comment:

12/8 9:49 AM ET.. 2007.xx. Replay chart above:
a) woke up late and no not surprised...'
b) bc it didn't hold the channel and played bear rout
c) that's all that it is...
d) the floor is not that deep

Comment:

e) question is how deep we get, and I don't know, but definitely not under 1990 today

Comment:

f)

Comment:

10:33 AM ET for chart above:
a) that's the worst bears can do today..
b) and I'm not sure they can even do it

Comment:

c) in the mean time, odds right now favor black arc we were working on before this
d) so we have to wait for that "rounding out the curve step by step"
e) bc the arc so big,(and it's still inside bigger arcs), this willl take a week or two

Comment:

12:05 PM ET 1997.XX GETTING REAL CLOSE TO FLOOR ... BECAREFUL SHORTING HERE

Comment:

12:09 PM ET 96.XX AFTER 95.XX I THINK IS FLOOR IS IN

Comment:

12:16 PM 95.XX, WRONG, FLOOR NOT IN...
a) so what's next 92? 91?
b) it's hard to see past that...
c) I guess if that breaks... oh jesus....
d) I think i's bottoming right now as I'm typing 1995.25
e) but these situations are unique in that if max pain breaks .. and for me that's 1991...
f) IT CAN GET UGLY.... like you don't even know

Comment:

2:36 PM... 2000.xx rejection at 2001.xx just a minute ago ...
a) price is in a bearish pattern that says...
b) bears will drive to the lows for a close
c) maybe even 91-92
d) it's still 2000.55 as I am typing so it's NOT OVER..
e) but if bulls don't put a stop to this...
f) THIS IS A VERY BEARISH SIGN FOR THE BULL MARKET AS A WHOLE...
g) not that we don't have one already for the crash since 2140...
h) but if we close under 1995... ADD ONE MORE STRONG SIGNAL IT'S ALL OVER

Comment:

i) and I mean the 5PM ET aftermarket close
j) not the 4PM ET regular day close

Comment:

WEEKLY WRAP UP

Comment:

a) for chart above: that's what everyone is thinking
b) and they maybe right...
c) but the regressions still support the black arc
d) I mean, we haven't even hit 1965... how do we know we will
e) we don't, so we wait, and wait, and wait
f) but we will know in 3-4 weeks

Comment:

g) comon, replay this: (still in the curve!)

Comment:

9:34 PM SAT, 12/9: two charts to consider until tomorrow:

and...

Comment:

THIS POST IS DONE WITH, HERE IS #9!:
www.tradingview...T-IN-THE-WORLD/?social_toa...

Comment:

(picture doesn't work, click on link)