WARNINGS FOR PEOPLE THAT ALWAYS NEED THEM - 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. As always, when...
R: 2075 S: 2049-2020 TF: 4 HRS Tip: Execute the trade whenever prices are near the pattern, including gap-up or gap-down openings. The chart pattern clearly states that we have already touched resistance and are now getting back to support. Execute the order at the opening of the market if it opens under the pattern.
GROUND RULES - I am writing this for only for my regular audience who have read my material for a while and know how I operate. I am not looking for a bigger audience, I have stopped looking for a while. If you haven't read my work in in the last four months, THIS IS NOT FOR YOU. I DON'T HAVE TIME TO EXPLAIN. PERIOD. FULL STOP. SUMMARY - I have said since...
SUMMARY - I have said since May of 2022 that January 10th to March 8th of 2024 would be the last window for a gold bull market breakout. It's 12:05 AM 01/04/24, counting the weekend, we are less than 6 days from 01/10 entry date. This is what regression mapping says now. DETAILS - I've already completed my entry earlier today around 2034. I did so because...
SUMMARY - I've talked for 20 months about 01/10/24 to 03/08/24 as being the last argument for gold bull market. We are 7 trading days from 01/10 entry. This is what my execution plan looks like now. DETAILS - So the range of extrapolations all fit inside the blue trapezoid. I have so many zig-zag routes that if I put them all up, they would fill out the rest...
For over two years of publishing on TradingView, we have maintained a bullish stance on gold, which has been marching higher in tandem with our expectations. In 2024, our outlook remains unchanged, and we expect it to continue performing well amid the persistence of institutional interest, global economic slowdown, and geopolitical tensions. However, we also...
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 -...
SUMMARY - This is the 12/27/23, 15-min bar, 48-hour, ultra-detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #16!, I see an incoming staircase with a shot of closing all time high this Friday. So that's why this is DRAFT 1, in case I need a DRAFT 2. If not Friday, then 01/03-04 will give...
SUMMARY - This is the 12/22/23, 15-min bar, 12-trading day, semi-detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #15!, I discussed switching into intermediate trading mode where our focus is amassing entries for first top around January 24, 2024 (2280-2400, looking like 2310 right...
SUMMARY - This is the 12/21/23, 15-min bar, 12-trading day, ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from #14! where I last discussed the crossing volatility zones, this is the most complete draft I have for next 12 days. Since this route does not reset the ratios like we want,...
SUMMARY - This is the 12/18, 15-min bar, 72-hour ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post #006's extrapolation, gold needs the ratios of trends to straighten out for first quarter rally to 2700-2800 that will begin on 01/10//2024. At the same time, if...
We got a confirmed bearish trend change for GC (2 LL and 2 LH is what I look for to ensure I do not fall for the trap of a fake trend change!) Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min...
SUMMARY - This is the 12/18, 15-min bar, 48 hour generic CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post LIVE #12!, bears forgot to show up Sunday night and bulls intend to make them pay by moving to 2100 by 8 AM ET WEDNESDAY 12/20. This is a generic extrapolation without the...
SUMMARY - This is the 12/15, 22-min bar 26-day completely ultra detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post #11!, I got the signal last night and described what would happened today that gold had 2 routes it had to choose from. This is the chosen one. Time to get...
SUMMARY - This is the 12/14, 15-min bar, 8-day completely generic (there's no point in detailing it), CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post LIVE #10!, Fed going to cut 3-6 times next year depending on who you ask. Previous chart nailed the spike but couldn't close...
SUMMARY - This is the 12/11, 15-min bar, 20-day generic, 10-day ultra-detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post LIVE #9!, bears put in another low Monday at 1975-ish and still aiming for one more low early tomorrow at 1971-ish. After that, my regression forecast...
SUMMARY - This is the 12/10, 30-min bar, 24-day generic, 14-day ultra-detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post #8, we have the ugliest weekly bar in recent memory that has detractors calling for the death of the bull market. "See, I told you triple tops never...
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...