Gold Spot / U.S. DollarUpdated PREPWORK FOR 01/10-01/15 RALLY (1 of 4)
SUMMARY - I've talked for 20 months about 01/10/24 to 03/08/24 as being the last argument for gold bull market. That is to say - if it's going to do - this is the last window to to make it a reality. This window now features four rallies of which this is the first one from 01/10 to 01/15, with a top around 2190 give or take.
NOT LINEAR REGRESSION FORECASTING - This is just my personal trading for myself I am putting up for the record in this window.
FIRST THINGS FIRST - Gold needs to decide on high route or low route for the next move before the five staircases. There's no legit way to to tell how it is leaning now.
NOT LINEAR REGRESSION FORECASTING - This is just my personal trading for myself I am putting up for the record in this window.
FIRST THINGS FIRST - Gold needs to decide on high route or low route for the next move before the five staircases. There's no legit way to to tell how it is leaning now.
Note
ANOTHER MIRROR IMAGE - If you replay the previous post, #17! it was a again a mirror image. That's the reason for the mirror image here on slant yellow vs blue. Personally, I think blue. If it does decide to move with yellow, it should do within 3 hours of market re-open ON MONDAY AFTERNOON 6PM ET.Note
FOUR RALLIES RIGHT NOW: Note
12/30, PROBLEM! FED MINUTES ON WRONG DATE!a) it's 01/03 not 01/09
b) just be aware
Note
c) ADP wrong date too... need new chartNote
d) 12:22 PM 12//30, so as soon as we have that first move, we will know a lot moree) and then the offsetting dates and wrong dates can get fixed at the same time
f) so by Monday night or Tuesday morning, it will be a lot easier to plan for
Note
12/30 2:37 PM, I've talked about this zone 01/10-03/08, 2024 for 19, 20 months nowa) but I had made a mistake on the time frame of rally
b) I had it set for 7 year, making this the tail end of the move since 2016
c) but this is wrong, because we are in the of tail end of the move since 1967
d) so what?, so that's 56 to 7 years, 8:1 scale difference
e) meaning the waves don't "have to reset for a 7 year move"
f) they are now "resetting for a 56 year move"
h) so we are going to get bigger moves and EVEN BIGGER 2-WAY VOL
i) in simple terms:
1) we are going to get a HUGE RALLY to March 8th (this may top by March 1st)
2) and the mother of all retraces from here to June, Maybe July
Note
12/31 12:38 PM a) this chart is no good
b) I will have part 2 soon
Note
HERE IS PART 2:
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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.