Gold Spot / U.S. Dollar
Updated

MQP PRESENTS - FIRST, THE PREREQUESITE

382
HEADER - There's only one trade worth trading from now to 05/20. That trade is roughly 03/20 to 0/04/20, when the next leg down hits around 1780.

SUMMARY - So long 1780-ish to 1980-ish, from 03/20 to 04/20.

DETAILS - Whatever the June-July-August will be later, regressive layers say one more leg up. So essentially, bounce first, then 1780, then 1980, then 1720 (July/August), before running to 2500 by 02/10/24. This is all I can give now. If trend stays true to 03/18-ish, I may post a detailed chart.
Note
NOTES 1) here is some background:
snapshot
Note
NOTES 2) wider:
snapshot
Note
NOTES 3) so basically...
a) there's 5 trades to 02/20/24
b) the first one should be 03/20-04/20
c) this is the prerequesite for all the following trades
Note
NOTES 4) SO THIS POST HAS ENDED. HERE IS NEXT DRAFT:
MQP PRESENTS -  1780 AROUND 3/21 IS "THE" LOW

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.