3070 BY HALLOWEEN DRAFT 10-14, 2920 BY 10/18
LEGENDS NEVER DIE, OR SO I HEAR:
This is a pretty massive call now that we are here and because of the the time restriction. First, I fully expect price to bet at 2645-2650 on morning of 10/07. Halloween is 10/31, so in that range there are less than 19 trading days to run up 425 points or 16%. A call for gold to move 16% is meaningless by itself. BUT A CALL FOR GOLD TO RALLY 16% - or a range max of 3135 high for 18.5% - AND TO DO IT IN LESS THAN 19 TRADING DAYS is (for lack of a better word here) LEGENDARY.
I have already completed edits a head of today's close. For this to work, the move to the two circles have to hit. Price does not have anytime left to fuck around and still nail this call on Halloween. Have a good weekend.
This is a pretty massive call now that we are here and because of the the time restriction. First, I fully expect price to bet at 2645-2650 on morning of 10/07. Halloween is 10/31, so in that range there are less than 19 trading days to run up 425 points or 16%. A call for gold to move 16% is meaningless by itself. BUT A CALL FOR GOLD TO RALLY 16% - or a range max of 3135 high for 18.5% - AND TO DO IT IN LESS THAN 19 TRADING DAYS is (for lack of a better word here) LEGENDARY.
I have already completed edits a head of today's close. For this to work, the move to the two circles have to hit. Price does not have anytime left to fuck around and still nail this call on Halloween. Have a good weekend.
Note
Note
FRIDAY 10/04, 5:22 PM ET, THIS IS THE FINAL SERIES FOR THIS FORECAST:
1) because the medium range high is 3070
2) the high range high is 3135
3) in other words, 425-490 points in 19 trading days
4) this means that target highs have to literally hit EVERY. SINGLE. DAY.
5) because the averages rise 24 points EVERY. SINGLE. DAY.
6) you cannot miss a 50 point run and move it down the calendar
7) since there's a deadline and no more time to move targets
8) so there's that to consider and have a good weekend
9) starting this Sunday, we lay waste to the entire bear concept as a whole
10) if they are a brown bear, black bear, panda bear...
11) if they like they Panda Express fast food chain...
12) if they plan to wear a bear costume for Halloween...
13) if they even want a giant bear for Valentine's Day, it doesn't matter
14) if they are friend of a friend that once worked at Build-A-Bear workshop
15) if they used to date Jay Cutler's ex-girlfriend
16) or if their neighbor is a fan of Chicago Bears football organization
17) THEY. WILL. ALL. HAVE. TO. DIE.
18) because gold is going to rally like you've never seen before
19) that is unless you were around in the 1970's
20) that's mutually exclusive b/c you wouldn't be around to read this so...
Note
21) and if you are still around somehow, would be like "fuck gold, own PAAS"
22) well then good fucking job, Rick Rule!
23) and I'll see you around
Note
10/04, 9:45 PM, I CANNOT PROVE ANYTHING ABOVE 2730 AND I HATE THAT.
1) silver is not ready
2) it's just not ready
3) if gold is to go past 2730
4) silver would shoot the moon
5) and it doesn't have that positon
6) it has "about to correct position"
7) which means all I prove in chart at top is the bright yellow hi-light
8) so what then?
a) we will get a new high come Monday, maybe Tuesday too
b) that's probably it
d) then we correct
e) then we move to new high in November
f) then we correct even more
g) then we we move to new high in December
h) then with succession new highs in Jan, Feb, and March
9) but would still be under $2900, probably closer to 2850
10) this means that WE ARE ALREADY IN A GIANT SIDEWAYS TO UP MOVE
Note
11) how will we know? -- by judging NY session on MOnday
12) if gold is really moving sky high
13) gold MUST MOVE ABOVE 2712 during New York (to hit 2760 Tuesday)
14) if gold stalls under $2700 (2690, 93, 97, etc...)
15) then Tuesday's high is 2712, and it's super difficult to move up more
16) with out a decent move down
17) so gold MUST ACQUIRE ESCAPE MOMENTUM BY MONDAY IN NEW YORK
Note
10/05, 5:35 PM ET, A buddy asked me about all the "THEY. WILL. ALL. HAVE. TO. DIE." statement.
a) yeah, well, in due time
b) the crux of the issue now is gold:silver ratio
c) I can't make a call for that to do something it's never done before
d) and that would be the difference between 3700 gold and 5300 gold for 2025
e) we've gone over this point before and that's a second reason to favor 3700
Note
7:18 PM ET, GOOD NEWS VS BAD NEWS:
1) bad news is we will top next week and double top by Halloween
2) but won't break 2750
3) good news is that this outcomes solves gold's route for 16 months
4) or basically through January 2026
5) with final top 3600-3700 in Sep/Oct 2025
Note
10/05, 10:56 PM, this chart is no good, it's fast by 12-24 hours.
1) so we hit 2700s Monday-Tues-Wed window
2) but we need go through the stalling Sunday and Monday first
Note
SUNDAY, 10/06, 1:08 AM ET... No, I can't prove that silver will correct.
1) I can prove we will break 2720 this coming week
2) but it's taking too long
3) so let's get to 2720+ first and we will see what happens w/ silver
4) but we have to keep an open mind
5) this is a really interesting month, considering that we are exactly 30 days out
6) from Trump-Kamala decision
Note
10/6 9:51 PM, I don't have a new chart ready.
a) I am waiting until Monday afternoon
b) to see what the setup will look like
Note
10/07, 1:28 AM ET, 2643.38
1) if this moves to 2638
2) this changes the weekly picture
3) and makes the month super complicated
4) and a giant waste of time
5) it's better to wait a while for everything to clear up
Note
SO HERE IS MY LAST CALL:
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