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...
Almost there, but the short term mapping is just really difficult. Let me explain, first replay #047 and #048. Here: 1) for both charts above #047, and #048 2) so we are going up to top aroun 2530-2540 3) that we know... 4) but the move is also setting up for a hard turn down 5) so while it looks like an easy move in hindsight 6) it's actually a difficult one...
Pretty much every thing I in notes of #045 was true and NOT JUST THE PRICE ACTION. In previous posts, I had explained that silver had turn the corner to over take gold, so I couldn't see past 2485 with the singular caveat that war premium (driven by Iran-Israel rumors) would complete 2530s by Tuesday 3/20. In #046, price turned the corner and justified my call for...
This morning, I warned of the bear move ahead of 2469 high. 1) warned of rug pull 2) called 2432 3) all exact curve of the rebound 4) not to mentioned called the curve for price over night 5) evidence here: 6) this one for GENERAL AUDIENCES 7) CANNOT be updated 8) if you want the continuous updates 9) directions are right below
This post is for the general audience of TradingView. This is the 5-day highly detailed base case. Generated from all trends combined. It is 11:14 AM ET on Wednesday, 8/14/24 and 2450.62 as I type. This should Move to 2530 on Monday, New York session and retrace to 2450 again by THIS EXACT TIME NEXT WEEK. 1) This is a public post for general audiences. 2) I...
This thing took five months to figure out. I don't know if it's perfect, but I have conviction this is not too far from what's going to happen. So then: 1) We are going to do 2530 this week. 2) 2600 the following week 8/23 or 8/25. 3) Correct into the election at the 44-year trend line. 4) After the election, we move for 2900. 5) 3000 may come late...
There are two scenarios here. My call is blue over yellow because it's the technical move. Yellow route is dependent on incoming headlines "keeping up the tension" allowing war premium to ignore the technical check to 2438. This move: 1) tops 2525-2532 Wed night or Thurs morning 2) that is base case based on current trend maps 3) I favor blue over yellow 4)...
This is the trend map average from here to Thursday 09/19, so 40-days. This 2545 top with the in-theory 2320 floor. In theory bc It's not obvious 2355 will break. Let's get this up first and I will get up a 40-day silver char to accompany this as well. What this chart is saying is: 1) red line should break 2) black line should hold 3) but get tested twice...
Looks like next short term top is 2455-2465, leaning 2465. Let's get this up first. Then I want to review some notes on 100-day gold and 100-day silver out looks. There are bugs in the publishing system right now and they seem to be site-wide for TradingView. I have nothing to do with that, but it does make me think I am on some one's hit list.
8/7, 12:10 AM 2387.74. For the sake of time, let's get this up first. Keep in mind: 1) the "overall price curve" to 11/04/24 is pretty much set 2) what is not set is price action from here to a few days before Jackson Hole 3) I'll go over this after we deal with incoming price action first
With gold in war premium mode moving for 2520 in 36 hours, silver has given the signal it's about to move!! 1) now that we know this 2) silver is more important than gold for at least 9 months 3) I will work more on this 4) still working out gold's move AFTER 2520 5) BUT WE ARE COINFLIPPING BETWEEEN 2900-3000 FOR HALLOWEEN
With both pride and humility but total conviction in due diligence, Binary Forecasting Presents 700 points of one way vol completed by 11/11/24. For everyone that use my forecasts, this is my most complete and highest conviction call. I am out of my mind excited for it! This, however is a generic 3-hour bar chart only appropriate for seasoned swing traders...