Gold Spot / U.S. Dollar
Long
Updated

JULY 5TH 2450, DRAFT 30, JULY TRIPLE TOP AT 2500

The break out tonight is wide open. But I gotta a feeling it's not going to happen.

1) all notes going into this I wrote in DRAFT 29
2) basically, bulls are late
3) and the only way to be on time is to move tonight
4) the setup is there
5) but price has to be up strong AT MIDNIGHT
6) miss this window, and you have to settle for 2450 7/5
7) and 2500 the following week
8 ) two weeks after that a mini-double top at 2500
9) a part of a triple top since March
10) and it looks just like its winding up for a giant crash
11) not final
12) but the reasons are climbing
13) that this bull market is going to top within 4 weeks
Note
5:48 PM ET, 2318.xx, the move will come from 11 PM to 5 AM.
1) it starts with a spike to 2327, followed by 2336
2) but it needs to start early to get past 36
3) so if it's still at 2316-20 around 2 AM, it's already too late
4) because the curves have shifted
5) and that vertical shot no longer possible
6) which forces the slower spike to stall at 2327 before it moves to 2336
7) and it would be too late to catch the momentum up
8) forcing sideways through Sunday
9) the delayed momentum releases next week
10) all but too late for any past 2500
Note
6:36 PM, 2320.74
1) it's not going to be on time
2) I can already tell
3) just no urgency to "make it through" before the window closes
Note
4) so - barring miracle spike - it's yellow route in chart at top
5) next question is, can price do 2500 on 7/5 or just 2450
6) this matters bc 2500 would have some chance of escaping higher late July
7) 2450 just not high enough
8) if 2500 hits the following week 7/10-7/11
9, then IT'S NOT EARLY ENOUGH
Note
6/25, 7:20 PM ET
1) let's start from scratch with what we really know from both ends
2) we are in a bull market
3) we have a rally that will deliver 2500 by 7/11
4) we don't really know that it will top there
5) bc triple top is only true IF IT TOPS
6) bc it can still do this:
Note
snapshot
Note
7) in chart above, logic demands that a late rally followed with early extension
8) is much more likely than triple top at 2500
9) but in between there needs be a check to the uptrend line so:
Note
snapshot
Note
6/25, 7:47 PM ET
1) so thats a no brainer
2) that's your binary outcome
3) so with that said
4) I present you with first draft of 3000 BY HALLOWEEN DRAFT 1
5)) which deals with the following 2 weeks
Note
6) so here we go:
3000 BY HALLOWEEN DRAFT 1

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