LIVE#5! THE MOST ACCURATE GOLD FORECAST IN THE WORLD for FX_IDC:XAUUSD by Binary_Forecasting_Service

LIVE#5! THE MOST ACCURATE GOLD FORECAST IN THE WORLD

SUMMARY - This is the 12/05, 15-min bar, 80-hour generic, 30-hour detailed, CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from the previous post "#005 GOLD 24-HOUR EXTRAPOLATION EMERGENCY", bears got stopped cold at 2009 this morning. Bulls have the ball and intend to tag 2075 before midnight tomorrow (hence 30-hour detailed). Thee first 24 hours of this is reliable, meaning the move to 2056 after tomorrow's ADP report. After that, it is implied by the overall chart, but I can't say convincingly that it's "favored". Why? Because it's not. But this is what MUST HAPPEN to "re-correct the correction".

WARNING - 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. Be aware that there is AN ACTUAL LIMIT on the number updates I can do per post, so I am not going be super detailed. That said, it's been working anyway.

DETAILS - Links for most recent and relevant posts are below for background and how we got here. I recommend that you replay them occasionally as frame of reference, but most importantly, as evidence that legit forecasting help you win day in and day out. And if my forecasts help you make REAL MONEY, help me out by spreading the word to people you know PERSONALLY to keep this thing going. Please hit like/boost button.

Note

5:07 PM, DON'T THINK MARKETS ARE MANIPULATED?
a) if this chart hits for 3 days running...
b) ABSOLUTE, UNDENIABLE PROOF of manipulation...
c) but it doesn't hit does that DISPROVE manipulation?
d) no.. of course not, that would be fair...
e) and life is fair AF

Note

f) so Friday is 12/8, Monday is 12/11
g) 12/12 is CPI, 12/13 IS PPI AND FOMC SAME DAY...
h) and in order to "hold the bull curve"...
i) gold must hit 2240 + BY 12/19-12/20
h) having just witnessed what happens to ATH rallies in a selling zone...
i) I mean I thought 2140 2080 no big deal and even SAID 2066 IS OK...
j) but I warned you....
k) if price is not time, the bears come back...
l) and when they come back, they come back for everything and then some more
m) looks like an exciting 3 months coming our way

Note

n) typo, k) .. '"on time"

Note

12/05 6:23 PM ET.... I AM VERY VERY SUSPICIOUS RIGHT NOW..
a) THERE IS NO REASON why this is not popping to 2030 already...
b) some people I know just told me the Fed might cut early ...
c) I told them, I already thought that...
d) in that sense... I call this post dead within the hour bc price IS NOT RESPONDING...
e) AT A VERY SPECIFICALLY BULLISH ZONE

Note

6:30 PM ET ... calling this thing dead 2018.22
a) we are suppose to be at 2030
b) really in the aftermarket hour between 4-5 PM
c) its 30 min after re-open and 18.23 as I type...
d) SOMETHING IS VERY WRONG ...

Note

e) bc it moved down a point from 2019 to 2018
f) NO!
g) bc it SHOULD BE 2030 and it's 2018... that's -1, that's -12 off the curve
h) I am working an a new draft right now...

Note

i) is it THAT SENSITIVE???
j) well yeah
k) if you've followed my notes a while...
l) I've switched 180 on a 2-3 point move all the time...
m) I've closed my longs and getting ready to short this again

Note

n) if this thing starts to drop like it is announcing...
o) the only thing that stops it now is 2008, bc it's not the morning anymore and things have changed..
p) I've opened shorts with VERY VERY VERY tight stops
q) break 2008.. and it's 1991 in a heart beat

Note

7:34 PM ET... stopped out shorts at 2020... and
a) went long again 2019.5, but I have insurance
b) I wrote these indicators in the last several years that call prices really welll
c) but the experience with them say when price is late... trade the other way until stopped out
d) and I did
e) now back long with some puts with my calls

Note

7:43 PM ET.. 2020.50, so that means YOU need to watch your back here....
a) by being late to the first move already, price has a rug pull built into the rally up
b) it can only be "corrected" by being early to the next move
c) that means going to 2030 and being early for 2040
d) so trail your stops and your back here

Note

7:53 PM ET 201.50, I meant "watch your back here"... but on a separate note
a) I've never been sure of myself enough to point blank tell some one...
b) "you fail" this analysis, especially before anything happens
c) I mean what if you are wrong?
d) that's why I reserve the right to change my mind any time when I see something go wrong
e) and if you've read my notes for any amount of time, the chart at top is just a chart
f) the NOTES ARE EVERYTHING

Trade closed manually

8:40 PM ET 2020. 85 I AM OUT OF THIS ONE...
a) I don't like what it's doing
b) I on't care if it goes to 2075 tomorrow night..
c) the math isn't right
d) and the price action is suspicious X10
e) I also can't short it here until it gives me more reason to
f) so this POST HAS ENDED... I''ll post something new if see something
g) I just dont see anything good right now

Note

9:16 PM, HERE'S WHAT I THINK kNOW:
a) the stalling is a setup for an strong rally
b) but a "kiss of death" rally
c) but still early on pattern formation so not much to do here

Note

11:50 PM OK, I just know I just nailed it. MQP presents: AN ARC INSIDE AN ARC:

Note

a) for chart above: how sure am I this is it?
b) SURE AF.. OK...

Note

c) this is A BIG -ing deal OK?
d) I am NOT PLAYING AROUND...
e) now... what to do about it...

Note

f) first I am no longer concerned with DAY-TO-DAY DETAILS OF PRICE ACTION
g) my mind is in execution mode
h) which is CONFIRM, DESIGN, EXECUTE
i) in the meantime, this is what you should expect price to do:

Note

j) in chart above, the first step is CONFIRM...
k) we confirm this if price moves IN A CURVE STEP BY STEP DOWN SMOOTHLY
l) bottoming between 1965-1990 AHEAD OF CHRISTMAS DAY
m) so we are in that process when my post come out tomorrow
n) have a good night

Note

8:36 2032.xx got a little too high this morning, so what now?
a) nothing yet need to see the reaction tomorow.
b) if we break under 1997 tomorrow, strong signal
c) if we hold 2009 on the check down, MAYBE something else, but still early
d) we don't exactly know how deep or circular the curve is
e) we just know that it should at least 2 lower lows than 2009 wit at least 1 tag of 1990

Note

f) if you replay chart above:
1) it didn't get as high as the higlight
2) it's making mirror image of spike up, which is spike down....

Note

10:03 PM 2023.64: CONSIDER THE "ARCS" OF THESE MAJOR RALLIES:
:

Note

a) first, I don't "have a thing" for arcs nor do they have a anything to do with my forecasting
b) but they do two things well
c) one they illustrate the relation ship of the "base" price action (zig zag before continuous spike)
d) with how strong the rally is and how much zig zag you can expect
e) AND MORE IMPORTANTLY...
f) it's the only scenario we have left that can '"IGNORE the move from 2145-2009" we just witnessed
g) why is that important?
h) price action has meaning from the giant moves to the minutae, they all carry some meaning
i) and that sell off says NEXT RALLY ABOVE 2140 IS MAJOR TOP, OR MAJOR DOUBLE TOP
j) on the scale of years..
k) I don't personally have a dog in the bull/bear fight
l) but it is more interesting to have decent bull market to work with

Note

m) so here's our current rally from 2016 TO AND THROUGH what I think is 2025:

Note

n) and in hose 3 arcs we have OUR THEORETICAL 4TH ONE:

Note

11:08 AM, 2029.18

Note

a) WARNING FOR CHART ABOVE....
b) this third spike not suppose to happen here...
c) things about change again

Note

d) we're supposed to go to 2009 and then 1996...
e) we normally get a third bounce
f) a third bounce is advertising 2043 next...
g) if were to break, we have something... like what is in the chart at top...
h) but probably not as strong, bc we already missed that window
i) what does it look like?
j) I honestly don't know, this part is wait and see

Note

12/06 11:53 AM ET... IT IS BOTH!
a) it is an arc but closer to the move in chart at top..
b) so not as wide and topping ahead of 12/20

Note

c) so instead of black arc, we are SHOULD GET BLUE ARC...
d) but definitely not sure yet... I know now it's one or the other...
e) the next 12 hours decides if its early or late
f) early is lower at 2220-2260
g) late is 24xx

Note

THIS POST HAS ENDED: HERE IS WORK UP FOR BLUE VS BLACK ARC:

LIVE #6! THE MOST ACCURATE GOLD FORECAST IN THE WORLD

Binary_Forecasting_Service

Related publications

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.