All the details necessary to understand this draft, I have written in closing notes of DRAFT #11 (previous draft). On an ALL TIME BASIS, it's not obvious top is in. However, the record high volumes (across all markets, or otherwise understood as cross-market volatility) has me convinced that top is in and we are going down to 2163 BY SEPTEMBER 26TH. All that...
As stated last night, DRAFT 10B would invalidate in 12 hours. This is what this looks like now, with the 4/11 ceiling now lower. Let's get this up and I'll add notes. YOU CAN GIVE ME A REASON TO KEEP FORECASTING - I need a reason to keep doing this - and what I need is attention for my work - so let's make a trade right now - a lot of my time for just a...
I did not label the previous post as #10. Since this revision comes from gray route in last notes of previous post - and that that the remainder of the move is essentially the same - this is DRAFT 10B. In chart above, this revision have been edited four times and it has only reconfirmed what I thought his morning wit when I posted: 1) so since that draft, the...
Continuing directly from post #9, I expect a NEW ALL TIME HIGH ADJUSTED FOR INFLATION. 1) I spent the last hour to reconfirm that this move should be out right favorite 2) and the math is undeniable 3) first 3190-3210 on 04/01 and/or 04/02 4) the retrace to 3100-3120 will absolutely be bought 5) and understand that as I type, price is 3119.xx 6) this can only...
So I wrote these notes only for my followers before the open: >> 5) while working on this (this post), I found that there is one legitimate outcome >> 6) that I have not eliminated >> 7) and that is SAME MOVE to November, BUT 2X SPEED >> 8) that would mean 3900 by 5/15, AND 2600 BY 7/30 >> 9) if this is to be the case >> 10) then we would hit 3245 by this...
This could be the call of the year. I have been trading for ten years. I have been forecasting gold prices for five years. After two and half years of forecasting (or 30 months), I already knew I what the long term meant for gold prices. Replay this chart from posted 11/10/2022, still hitting now, 28 months later: This chart above posted November 2022 was...
Continuing directly from post #7, this if the intermediate draft until 4/11, simultaneously the final public intermediate draft. From a technical perspective from doing this 10 years now, this can be consider a semi-perfect draft on an 14-trading-day basis (now to 4/11). It's incredibly difficult to manually do it much better. If you've followed me long...
Ran out of time last night to say what I wanted to say. So let's get this up IMMEDIATELY AT 6:35 AM 3/24, 2025. In my very humbled opinion, BLUE ROUTE IS NOW THE ONLY CASE PERIOD WITH THE ONLY EXCEPTION BEING WHAT HAPPENS IN THE NEXT 21 HOURS. That is to say what does the zig-zag if any look like from now to London open tomorrow? Will add notes as soon as I can.
So right now it's July 3777+ high and November 2580 low, with extensions to 2425 and even 2222 not eliminated. Should those hit too, they would come in December, January, early February at the latest. This is why I've called this series "12 BASIS" starting last month. Long story short, super detailing trend maps reveal that it is very very difficult to...
This continues directly from #4. We are at max stall for bulls, something has to break and odds heavily favor a bullish move to 3110 in less than 24 hours, with 3130 extension Sunday night. This is the 22-min bar chart that best describe trend action of this move. In chart above, there are some details I want to talk about soon, but the main points are: - as...
The route price is taking means 3250 soon. There is not a lot to discuss except detailing the move up. These five boxes are my best gauge of this pattern right now. Will add more when I can.
This continues directly from #2, so if you need background read previous posts. You are not going to understand what I am doing if you don't have background. Otherwise, I said previously that I would cover this move until price checks 100 down from the high. Well it looks like it's going to be 3065 Wednesday before FOMC and then 2945-2955 on Thursday 3/20. ...
BACKGROUND - Please read previous posts linked to this post. WHERE WE ARE - This (yellow) route to 3777 makes WAY more sense by now mathematically than previous blue draft. This route is now the strong favorite with one minor outcome to eliminate on the way. In chart above, gray hi-light is most likely version of yellow route RIGHT NOW. We are at that stage...
If you need back ground for this work, the links two the previous four posts are linked to this draft. For everyone else, trend super detailing made me realize that the black trend line that held the rally from 2580 to 2955 is going to break again, TWICE. As stated previously, this would ensure that the 26-year resistance line is (dotted at top) will get hit. ...
This drop today put one more twist in this route, but it's not obvious that blue will win yet. This is because price can still reverse to yellow route. The rule here says until bold black line breaks, yellow should be favorite. This is technically true. But From 1 hour bar, the writing is on the wall that says 3000 won't come until second half of March. Which...
I have the route. I have the pattern. Trend map readings reliability off the charts. But, you have to read all the notes in the previous draft first. If you haven't, this is not going to make sense. So do that first. Otherwise, this continues directly from previous notes. To sum it up, we are going to kill it. Will add more soon.
First and foremost, gold is in long term bull market. I can see $6500+ from here, but that's talking years out. This also implies that the one day, probably years after 6500, gold will be 10,000 and higher. That is the base case and it's hard to disagree with. However, once gold clears 3135 (and I think 3215), the correction is somewhere between $925-$1300. ...
This is the only route I can think of to make everything make sense. Why? The yellow box in chart above is the runaway since 2840s which is incredibly difficult to make fit IN ANY SCENARIO. First, this last 100 points from 2840s to 2940s means the run is not over by any means and at a minimum, should clear 3135 by early June. Let me be clear that if price...