Gold Spot / U.S. Dollar
Long
Updated

3000 BY HALLOWEEN, DRAFT 5C, CATCHING FIRE AND SMOKING BULLS?

Some one just turned on the 2-way vol in a big way. It's making the picture a bit cloudy. To sum it up:

1) still bullish AF!
2) but cautious we must be
3) IN GENERAL, there are 3 retraces coming
4) sizes are roughly 25/30, 50, and 60
5) the 60 rug pull seem very odd
6) but my read is right
7) what I read is based on my math
8) so if my math is wrong, you get the blue 6 with ???
9) I am unable to confirm if my math is right
10) we will know before we get to 2390
11) in chart above blue and yellow watermarks are 5 and 5B
12) red (this draft) is 5C but needs more detailing

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11:56 PM ET, 6/27, think of it as two more giant zigzags.
1) why?
2) what Elliot Wave has right -w/o a doubt- is that really big rallies...
3) have extended lead-in zigzags
4) otherwise known as: 1-2, 1-2, 1-2, and 1-2
5) in which case this would fit perfectly
6) if your goal is 3000 by Halloween
7) for ex:
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6/28, 12:05 AM, IDC TICKER STOP LOADING???
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snapshot
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1) so it has not updated price
2) for the last 80-90 minutes or so
3) never seen that happen with IDC TICKER before
4) that's strange and I don't like strange
5) IDC or ICE's XAUUSD ticker has best data
6) time out while I confirm what's going on
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12:21, this post is not usable in this form... sigh...
1) I have to remap with a different ticker
2) and it DISAGREES a little bit
3) shouldnt' change overall plan
4) BUT UNTIL I COME BACK WITH SOMETHING
5) be careful
6) this thing has no reason to be at 2320 now 2319.xx for this long
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6/28, 1:39 AM ET, 2324.xx, Did we just have a matrix moment?
1) we will get back to this later ok?
2) but IDC ticker is missing like 3 hours of bars
3) so it should, AND COULD NOT KEEP UP WITH THE CHART AT TOP
4) bc after I wiped everything and rest to OANDA...
5) of course IDC starts working again
6) what I am saying is it should be like this;
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7) in chart above, THOSE 3 HOURS MATTER
8) you can't act like they didn't exist, right?
9) long story short, bc of the check to 2319 and stalling too long at 2320...
10) you should get a weaker pattern
11) but same pattern bc not much else has changed
12) I am too tired to make you a new draft
13 ) good night
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14) if some how price keeps up with chart at top....
15) do we then live in a simulation? ... is that a thing?
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5:39 AM, still stalling at 2328.xx and missing a $12 pop to 40, maybe 41-44?
a) literally missing a move
b) all the techs say it should happen
c) but its not there
d) not in bear position so ...
e) the overview of the pattern described in chart at top
f) is sound, and it stays put, there's no secondary route right now
g) but its' also getting late, very late
h) which makes the coming week very high 2-way vol
i) something is going to pop out of turn, too far one way or the other
j) but should all settle down Wednesday afternoon 2340-ish and
k) and then we can move up steadilhy
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l) something is off, and I can describe it like this
m) I want to make a chart with same pattern
n) basically same chart but shifted forward 12 hours
o) but there's not enough room to fit it all
p) like there's too many moves that have to fit inside this week
q) that's recipe for very high 2-way volatility or BIG ZIGZAGS in a short window
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12:23 PM ET, 2331.xx, finally did scratch 39 earlier but got rug pulled. so?
1) play chart at top
2) we did get step 2, just half sized
3) NOW WE WILL BE ON TIME FOR STEPS 3-4-5 (6 FUZZY RIGHT NOW)
4) odds strongly strongly favor this
5) rest of today bulls should make one more run at 40 and close around there
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6) no, rest of today not obvious
7) TOTALLY DEPENDS ON NEXT 2 HOURS
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12:45, that drop just now from 28 killed action from rest of the day.
8) so nothing expected to happen from her
9 )further momentum winding for late Sunday early Monday
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1:05 PM 2331.5... bullls still trying to do something today
10) I don't see anything bc of crisscross trends at 2330
11) but there's a lot pressure building underneath
12) I still think it has to wait until Sunday night into Monday morning
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13) 2:11, there's enough to get bulls to a 37+ close
14) but too many if if if if
15) wouldn't be shocked, but not expecting it
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16) that's a wrap for today
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9) in chart above, orange is the example of a higher floor for Wednesday
10) so if I choose by trend line not trend engine
11) the overall choice is:
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snapshot
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12) in chart above, choose by trend line means what price seem to be doing
13) DESPITE WHAT TREND ENGINE SAYS is likely
14) so Sunday night channel check
15) same pattern, but higher floor for Monday afternoon
16) bc you would be checking from over the next trend line
17) rest is same
18) to sum it up the vol now don't look so bad except for Tuesday into Wed
19) but this the last zig zag zone before blast off
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ALMOST 3:00 PM
20) I am not making any more drafts for this zone
21) basically about 3 more days of zigzag, and you can hold to 8/2 for 2700s
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4:03 PM 2323.99, FROM A BUY/HOLD THROUGH PERSPECTIVE
1) best entry remaining is now to Sunday night
2) it may move for 2317
3) or not
4) it's not knowable
5) bc the NEXT CHECK IS 2340 WED
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4:47 PM
6) it checked that line twice already
7) why would it check again
8) channel check would be Wed any way
9) so ?
10) skip 2317, rest like black
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... AND HERE IS FINAL DRAFT FOR 2500:
3000 BY HALLOWEEN, DRAFT 5D, 12 HOURS FROM BREAK OUT

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