So in the last 4 hours we eliminated #115 and #116 which were derived from #114. We also eliminated #112 AND the "extended sideways to 10/01" chart. So what we have left - this draft - is basically an "updated" version of #113. This post is posted for general audiences. That said, I no longer update in each individual post. If you want continuous updates, find me...
2:50 AM and I have to sleep, so here are quick notes: 1) just tagged 2529.xx minutes ago vs all time high at 2531.50 2) this close to new all time highs and we are still 332 minutes from CPI release 3) and I DO NOT SEE A STRONG REVERSAL IN THE PICTURE 4) which means gray route is basically dead 5) I zoomed out to bigger bars to map this one 6) with max pain for...
We almost have orange eliminated in just the last couple of hours. That leaves us with red. Any slower and this route will change completely to something ridiculously annoying. More sideways than you ever thought possible. Can price move up past 2531.5? No, I don't see any evidence of this YET. HOWEVER, THIS MAY CHANGE IN HOURS. This post is posted for...
Gold has so far out performed the original forecast (linked below). I can't say the same for S&P500, Nasdaq, and Bitcoin as all have continued their respective downturns. With that said, gold is about to hit exhaustion after incoming mini-double top AFTER CPI BUT BEFORE PPI (which is 8:30 AM ET, 9/11 and 9/12 respectively. Binary Forecasting Service's...
As explained earlier, we are missing one more run at 2525-2530. Combined trend maps say we have to do it AFTER ADP BUT BEFORE NFP. That means one more top Thursday night.
So it took seven "RIGHT NOW" drafts in 28 hours - or once every 4 hours - to figure out that price is going to be close to this. So let's review: 1) first, our 130-day outlook: 2) and most recent 60-day post: a) in post above b) we are already more bearish than this route c) so while overall 130-day (and as far as 16 month out) plans... d) have not changed...
Once again, with humility and pride but strong conviction in due diligence, Binary Forecasting Service presents 60 DAYS TO 2287. In our group, I explained that the final high for golds rally is 3600-3700 and will arrive in December 2025 to February 2026. This stretched out rally also means a stretched out correction under 2300. While this only changed the...
After eliminating all topping patterns we have only this one left. This is base case from here to end of next Friday. This is overall generic pattern. Before Sunday open, I will post RIGHT NOW #089. So one more run at 2530 and all the way back down to at least 2375 that much we know. Maybe as deep as 2287. General Audience -- This post is generic trend map...
This is for the move to 2497 and approximate rebound to 2530. This should finish by Monday's NY open. After which we move first for 2485 by Tues to setup Wednesday's 50 point rug pull, where the black arrow is.
This is a "generic pattern chart' for the record as we approach 9/2-9/3 top. So in the group, I discussed throughout the week about the shifting topping process: 1) failure to make 2577 on Tuesday (that failure came on Monday) 2) means 2293 was the floor 3) this week, we eliminated a) uneven triple top b) full size double top c) full size triple top ...
Trend engine suggests the delay in the double top is because it's a massive triple top. This is for the record only. I do not update these posts like I have done before. You can find that in the first link below.
Posting this for the record. Will add some notes and that's all. 1) yesterday posted this: 2) today this:https://www.tradingview.com/x/2YISzJnb/ 3) and this: 4) and then this: 5) but zoomed out was this: 6) and that's it 7) if you want to find me, first link below this line 8) the end
Background - I've been searching for that 450-500 point rally (contained in 4-7 weeks) for 5 months now, since before 2430 the March high. This idea actually originated in October 2022, prior to my forecasting this long term for gold that - considering the technical limitations of that time - still performing pretty well. For this example, click on this post,...
I spent most of July scheming for $3000 gold by Halloween. After failing to breakout in July at 2483 AND failing the back-to-back setup on 7/24, I had gave up on this $3000 by HALLOWEEN plan. And after 2531 failed to become 2545, I was looking for 115 pt correction (EW patterns) and for second there it looked like we were set up for it. However, from what I've...
BFS's proprietary trend engine is calling for runaway top at 2680+ before Tuesday's NY open. This is first draft of this move if today closes 2520. I am working for the 2530 close for which right now at 2503.90 and 12:43 PM ET, on Friday 8/23 is the 51-49 favorite vs 2520 close. This is so we have something to go buy (by) while I finish mapping.
The break of 2485 the second time favors top in, breaking under 2480 means the target is 2456 and falling. In notes for #069, I wrote that holding 2478 long enough means 2492 first, then 2456. But moving to 2492 is not enough to resolve the intermediate trends crossing over each other at 2519. That does not mean price has to hit 2519, but it means the moves...
This is the true replacement for #066. To review, over night price lost an important support line twice. Silver, DX, and ES all imply 2516 high is next. This places a deformed version of #066 into play. However, it's not as obvious as the "Batman M top" and its vol limits are little bit tighter at roughly 90 points from the top instead of 110. This chart is...
Price have majority of trend maps calling for a "Batman M top", with final top at 2545. Batman M top is a top shaped like an M, but with a "double double top". In other words a quad top but with first and last tops at the highest tops. BFS Trend Engine thinks that if this Batman M top comes to fruition, and everything looks like it will, then the result...