Introduction - Once again with conviction in due diligence and much, much anticipation, Binary Forecasting Service presents 2300 tomorrow by noon New York time. From time of posting at 4:46 PM ET on 03/27, that is less than 20 hours away and I am dead serious. Details - For background , see previous work in links below to recent drafts. Otherwise, consider: 1)...
Introduction - This is a continuing series to map spot gold price action to 2360 but ultimately 5400. Details - See previous posts for how we got here. Otherwise this is the most updated trend map at this time. If it's going, it's going like this, either direction. Binary Forecasting Service's trend engine strongly favors bull outcome.
Introduction - Looks like we are moving for 2300 and 2400 in a runaway top for 3/31 and 4/01. As of 5:28 PM ET on 03/25/24, every prerequisite is in place and Binary Forecasting Service's trend engine explicitly calls for this move to be the outright favorite. For the next 10 hours, if price stays under 2175, this makes this outcome even more likely as the trend...
This has broken out of two downward trends and Powell is about to be dovish with the dollar and let inflation rip again for Biden to get reelected. I see a VERY ATTRACTIVE options play right now - Endeavor's May Call contract at $2.50 is .20 right now and the O/I is off the charts. $5 is .05 or $5 a call. If silver blasts off like I think then these guys could...
Introduction - Evolving again, but we are still going to go to 2365 by 4/12. This is the route to 2310 twice. Let's get this right first. Details - I have to keep this brief if I am going to give you more drafts that adjusts to changing conditions. So this is the "favorite now". The second top will be higher, but we will cross that bridge if and when.
Introduction - So we are going to to 2300 and 2360, all done on or before Sunday 04/14. The only part to figure out are in between details. Because of the size of the move, there can be an 80-point retrace in between. This is favored to happen especially if price makes 2300 on or before Tuesday 04/02. Details - Please see previous drafts for how we got here. ...
Introduction - From notes of 6-3, this is as far as I can get. Bulls pushing for yellow route. From what I see, we get to 2250 end of this coming Thursday. This doesn't change the top or topping process. But, how we get there in that box in chart above, is not completely clear. Details - See previous drafts for details. Will add in time. In the mean time,...
Introduction - With conviction in due diligence and much, much anticipation, Binary Forecasting Service presents, the route to 2360 and by extension 2600. This is basically DRAFT 6-2 completely proof-checked from all ratios of regression waves and corresponding volatility limits. Details - For background please see previous drafts. Otherwise in chart above:...
Introduction - Against such a bullish chart, the weekly bar closed "UGLY AF". This obviously implicates a break of 2145 support to 2138 on Monday and perhaps lower on Tuesday. What is not obvious but maybe should be is that BFS trend engine still screaming for a test of 44-year trend line at 2350, at least three if not six times ahead of June 12th FOMC. ...
Introduction - This is the last series for GOLD's rally. The bulls in their hubris have offended the GOLD gods which demand that 2100-2110 be tested on or before 03/28 ahead of Good Friday. This also means the true support trend line since 1983 will be tested. This is DRAFT 6-1 because if bulls fail to defend this line and move higher to 2340 AHEAD OF MAY 1ST...
Introduction - Despite what the cynics may say, we are heading for 2350. The delay in time will be made up in price, ultimately past 5000 in fall of 2025. This draft deals specifically with the 6 rejections near 2350. Details - So what I think I know - and I am aware of the ugly daily bar that has detractors calling for a 3-month check down to 2080 - is that...
Introduction - After failing to follow through with the same setup in DRAFT 3 for last Thursday's PPI release, the GOLD gods surprised with a last second completion of DRAFT 2's move to 2220. This means 2300 is the target for next Tuesday, 3/26. However, 2345 is going to have to wait a bit longer. Details - See previous drafts for background and recent notes...
Long Introduction -This is the second draft for 2340-2550-3000 as a singular move in 80 days. If you think a sell off to 2150 going to make me back off this call, in the words of Adam M. Grant, you need to think again. I promised 2345 in March and 2550 in April and so shall I deliver if within my power. That is, frankly not within my power. Those powers belong...
Introduction - This is what Binary Forecasting Service's trend engine says should happen in 48 hours, completely detailed. Details - I've confirmed the likelihood of the first part with no boxes. That is: 1) zig-zag to PPI at about 2175 2) explode to 2215 3) check-down the previous 2195 high 4) bounce and close NEAR OR AT HIGH OF DAY 5) this point is...
Introduction - So I've been writing the 2340 series and moving the dates back and forth. I realize now, that the whole move should be understood in one frame. This is that frame. This is the work that I have worked on for 8 years, to be able to make this call. I have checked, confirmed, verified etc... that I am correct in presenting this forecast. So with...
Introduction - By popular demand, Binary Forecasting Service's trend engine has second adjustment to 2340 schedule to finish this series the right way. Originally called for Monday 03/18, to account for retracing/profit-taking, the short-term trend followers are relentless and refuse to allow gold a retrace bigger than 20 points since 1983 on Valentine's Day. ...
Introduction - With the break of 102.50, Binary Forecasting Service's trend engine signals that the Dollar Index is in waterfall mode. This super bearish trend signal is screaming that DX will hit AT LEAST 97.75 in seven trading days by 03/19. The implications of THIS GIANT MOVE in the index has wide reaching implications for the entire global market. Details -...
Introduction - This continues from notes in DRAFT 2 published a few hours ago. Details - See previous drafts/posts for details.