GETTING VERY INTERESTING.
Notes on what I know now:
1. Again, can't do short term forecast at this juncture bc gold keeps breaking the short curves down.
2. Meaning when they are supposed to turn down 90%)+ of the time, here they do not.
3. This has been happeing since 1860.
4. Hence the only way to forecast is a generic one using ultra-long curves.
5. The first two boxes I have high confidence in.
6. The checkdown/pulllback DETEREMINES WHEN WE HIT 27XX.
7. As of right now, it implies BLUE BOX IN SEPTEMBER.
8. But since I don't know what the duration of the PB is, I would put 2350 by DECEMBER 7TH.
9. This would put 27XX in Feb/Mar.
10. 7-9 IS THE SLOW PATH.
Notes on what I know now:
1. Again, can't do short term forecast at this juncture bc gold keeps breaking the short curves down.
2. Meaning when they are supposed to turn down 90%)+ of the time, here they do not.
3. This has been happeing since 1860.
4. Hence the only way to forecast is a generic one using ultra-long curves.
5. The first two boxes I have high confidence in.
6. The checkdown/pulllback DETEREMINES WHEN WE HIT 27XX.
7. As of right now, it implies BLUE BOX IN SEPTEMBER.
8. But since I don't know what the duration of the PB is, I would put 2350 by DECEMBER 7TH.
9. This would put 27XX in Feb/Mar.
10. 7-9 IS THE SLOW PATH.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.