Gold Spot / U.S. Dollar
Long
Updated

JULY 5TH 2660, DRAFT 28, ONLY ONE ROUTE FOR ESCAPE MOMENTUM

The easiest escape momentum route I have ever seen.

1) down to 9 days with including July 4th
2) and price have chosen to eliminate the most logical routes
3) AND HAVE ALSO CHOSEN TO MAKE IT EVEN MORE DIFFICULT
4) by killing all of Tuesday's clock with sideways price action
5) it is 10:40 PM ET, price action in last 90 minute have eliminated plan B
6 that leaves only this route
7) all price has to do, is essentially nothing
8) but also "must do nothing"
9) the ask is sideways for 24-26 hours to kill all of Tuesday's time
10) but zooming in, it does get kind of specific
11) will add more soon
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10:53 PM ET 2325:XX
1) with
2) this is the zoom in of Tuesday:
Note
snapshot
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3) THE KEY HERE IS HTE BLUE WAVE
4) it needs to make ONE AND A HALF TWISTS
5) LIKE CHART ABOVE
6) to do that...
7) it needs to do this:
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snapshot
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a) in chart above, the basics are:
b) for the next 25 hours, or for all of Tuesday
c) price needs to STAY BETWEEN 2333 AND 2225
d) for the most part
e) DURING THAT THAT TIME
f) make 2 mini tops and 2 mini bottoms
g) like this:
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snapshot
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h) the technical data is picture perfect
i) but will remain picture perfect for another 26 hours
j) so this is it
k) BUT WE HAVE EVERY SINGLE THING WE NEED
l) FROM A TECHNICAL STANDPOINT
m) I mean EVERY. SINGLE. THING.
n) now price needs to complete the blue wave
o) BY DOING NOTHING FOR 24 HOURS
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11:22 PM ET, with this one...
1) you can wait until tomorrow night
2) for everything to get in place and go long at 2333
3 would save time if don't have a position going
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11:37 PM ET... LAST DAY WAVES ARE SYNCED.
a) is next 26 hours
b) also happens to be their most "sync for last 9 trading days
c) this sync window is 2 weeks (since FOMC)
d) so no further comment if price stays close
e) until tomorrow night
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3:14 AM, can't remember last time I saw this much "sync-ing" for a move
1) but still missing the last piece:
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snapshot
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2) so it doesn't have to be perfect
3) it just has to to line up the blue wave with the other 6
4) think about it this way;
a) blue = x
b) red = 2x
c) black = 4x
d) navy/purple = 8x
e) orange - 16x
f) gray = 32x
g) with 64x, and 128 x all in position
h) needing only blue wave to "get in position
i) with everything moving/turning up except for x, 2x, and 4x
j) but BECAUSE OF THEIR EXACT POSITION (think price = 1/2 x in this case )
k) so the 4x WILL NOT TURN unless 1/2x, x, and 2x are in their correct position
l) so like this:
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snapshot
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snapshot
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1) in chart above, not a lot happening until late night tomorrow
2) its 3:34 AM NOW, so another 18 hours at least
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5:48 AM, TREND CHANGE THAT'S GONNA HELP US
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5:57 AM, LOOK, We're going to go up.
1) and we are going to make this rally
2) but what it looks like is hard AF
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3) so just want to make that clear
4) bc the route it's taking is not one I've seen before
5) so I think it's starting right tnow
6) but I don't know what to make of it
7) except that my 7/5 target for 2660 stands
Note
8) that blue wave I talked about?
9) looks NOTHING LIKE THAT NOW
10) and I don't know if it's enough to make it past its 4x wave turn
11) without heavy zig zag
12 so be aware

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