Binary_Forecasting_Service

Binary_Forecasting_Service Updated 

Introduction - After proof checking DRAFT 7-5 for all weak spots, this updated and detailed draft is the base case guide going into today's open in six and a half hours. Details - All background information, data, concepts, suggestions, and etc... can be found in previous DRAFT 7-5. This post is for continuous updates/notes/commentary on live price action from...

Binary_Forecasting_Service Updated 

Introduction - With both pride and humility but pure anticipation, I present you my life's work summarized in one day's price action. DRAFT 7-5 is the latest of a series that attempts to accurately map gold's heroic route to 5500 (due November 2025) with respect to both price and time. Since nailing the 1810 low in October 2023, this proprietary "fractal...

Binary_Forecasting_Service Updated 

Introduction -I've been looking for this move 4 weeks now. I think it's now, RIGHT NOW! Details - My daily notes bat pretty well but I've been very frustrated not hitting one "giant but quick super rally" for last four weeks. These things have a "very specific look" that I call "reverse one step water fall". Will explain later. So when they show up in major...

Binary_Forecasting_Service Updated 

Introduction - This is a followup to DRAFT 7-2, which was shredded by bears of the UK this morning at 3 AM. Combined layered trends on all time frames say gold is about to correct this problem by going to 2400 before London re-opens in order to avoid shenanigans on the way up. Naturally, we expect one round of selling in Asian session at the 44-year trend line...

Binary_Forecasting_Service Updated 

Introduction - Ceremoniously, with conviction in due diligence and much more anticipation, Binary Forecasting Service, presents 2300, 2350, and 2400 in succession before this week is out. Continuing from DRAFT 7-2 and price action in the last hour, bulls responded to bears's apparent "overselling to 2253" with a spike to 2277. In which ferocious bears jumped on...

Binary_Forecasting_Service Updated 

ALL PREVIOUS BULLISH FORECASTS CALLING FOR 2300s-5000 ARE DEAD EFFECTIVE IMMEDIATELY! Intro - Binary Forecasting Service's proprietary counter-manipulation signal has picked up a crushing signal due to "bears of UK/LBMA" action after unexplained sell off from 2282 to 2275. Normally, this would not be a problem except that its timing has been SUCH A REGULAR...

Binary_Forecasting_Service Updated 

Introduction - Once more, with conviction in due diligence and much, much anticipation, Binary Forecasting Service presents: 2350, 2440, and by extension 2520 all before 04/23/24. At publishing on Saturday March 30th, that is 12.85% range in 17 trading days but counts as 25% if the trend engine can nail the 150-pt "V" move (for an extra 300 pts) between 04-09...

Binary_Forecasting_Service Updated 

Introduction - Looks like we are moving for 2300 and 2400 in a runaway top for 3/31 and 4/01. As of 5:28 PM ET on 03/25/24, every prerequisite is in place and Binary Forecasting Service's trend engine explicitly calls for this move to be the outright favorite. For the next 10 hours, if price stays under 2175, this makes this outcome even more likely as the trend...

Binary_Forecasting_Service Updated 

Introduction - Once again with conviction in due diligence and much, much anticipation, Binary Forecasting Service presents 2300 tomorrow by noon New York time. From time of posting at 4:46 PM ET on 03/27, that is less than 20 hours away and I am dead serious. Details - For background , see previous work in links below to recent drafts. Otherwise, consider: 1)...

Binary_Forecasting_Service Updated 

Introduction - This is a continuing series to map spot gold price action to 2360 but ultimately 5400. Details - See previous posts for how we got here. Otherwise this is the most updated trend map at this time. If it's going, it's going like this, either direction. Binary Forecasting Service's trend engine strongly favors bull outcome.

Binary_Forecasting_Service Updated 

Introduction - Evolving again, but we are still going to go to 2365 by 4/12. This is the route to 2310 twice. Let's get this right first. Details - I have to keep this brief if I am going to give you more drafts that adjusts to changing conditions. So this is the "favorite now". The second top will be higher, but we will cross that bridge if and when.

Binary_Forecasting_Service Updated 

Introduction - So we are going to to 2300 and 2360, all done on or before Sunday 04/14. The only part to figure out are in between details. Because of the size of the move, there can be an 80-point retrace in between. This is favored to happen especially if price makes 2300 on or before Tuesday 04/02. Details - Please see previous drafts for how we got here. ...

Binary_Forecasting_Service Updated 

Introduction - From notes of 6-3, this is as far as I can get. Bulls pushing for yellow route. From what I see, we get to 2250 end of this coming Thursday. This doesn't change the top or topping process. But, how we get there in that box in chart above, is not completely clear. Details - See previous drafts for details. Will add in time. In the mean time,...

Binary_Forecasting_Service Updated 

Introduction - With conviction in due diligence and much, much anticipation, Binary Forecasting Service presents, the route to 2360 and by extension 2600. This is basically DRAFT 6-2 completely proof-checked from all ratios of regression waves and corresponding volatility limits. Details - For background please see previous drafts. Otherwise in chart above:...

Binary_Forecasting_Service Updated 

Introduction - Against such a bullish chart, the weekly bar closed "UGLY AF". This obviously implicates a break of 2145 support to 2138 on Monday and perhaps lower on Tuesday. What is not obvious but maybe should be is that BFS trend engine still screaming for a test of 44-year trend line at 2350, at least three if not six times ahead of June 12th FOMC. ...

Binary_Forecasting_Service Updated 

Introduction - This is the last series for GOLD's rally. The bulls in their hubris have offended the GOLD gods which demand that 2100-2110 be tested on or before 03/28 ahead of Good Friday. This also means the true support trend line since 1983 will be tested. This is DRAFT 6-1 because if bulls fail to defend this line and move higher to 2340 AHEAD OF MAY 1ST...

Binary_Forecasting_Service Updated 

Introduction - Despite what the cynics may say, we are heading for 2350. The delay in time will be made up in price, ultimately past 5000 in fall of 2025. This draft deals specifically with the 6 rejections near 2350. Details - So what I think I know - and I am aware of the ugly daily bar that has detractors calling for a 3-month check down to 2080 - is that...

Binary_Forecasting_Service Updated 

Introduction - After failing to follow through with the same setup in DRAFT 3 for last Thursday's PPI release, the GOLD gods surprised with a last second completion of DRAFT 2's move to 2220. This means 2300 is the target for next Tuesday, 3/26. However, 2345 is going to have to wait a bit longer. Details - See previous drafts for background and recent notes...