DON'T HAVE TIME FOR SPECIFICS SO:
1. In the last 10 days, "MQP GOLD BASE CASE" has ABSOLUTELY CRUSHED THE FORECASTS FOR:
a) BITCOIN
b) S&P 500
c) GOLD (noted on THURSDAY that I could NOT JUDGE short term direction; I can now, but no time for detailing)
d) SILVER, (where I've crushed the moves FOR 80 DAYS RUNNING, but silver needs a DETAILED UPDATE that I don't have time for)
2. ... AND STARTING THE MOVES FOR OIL & DOLLAR INDEX (WHICH ARE RELATIVELY LONGER CHARTS):
e) OIL (the move is coming, just dragging its feet)
f) DX futures (way early)
3. For gold & silver, cannot find decent weakness or desire to sell prior to 05/24.
4. The longer it goes without gold tagging 17xx handle again, the more "surprising" and intense (super quick 5% drop) it will seem.
5. The window for this drop has move to 05/25-29.
6. At that point, all the bears will come out screaming for 1600s and ABSOLUTELY WRONG THEY WILL BE.
7. Since I am not posting a detail update for silver, expect it to tag 28 handle prior to 8% correction in late May while gold should correct 4-5%.
8. On a side note, going to phase out posting forecasts because there doesn't seem to be a real interest in technical forecasts on TradingView. I've got the weirdest and most disappointing feedback this same week from self-declared serious traders here. It's almost strange, but maybe I was expecting too much. If you have been following, hey THANKS SO MUCH FOR READING MY STUFF. I will do a few more for you this year, the run to 2100, and then 2350 later in Oct/November.
See you later, space cowboy.
1. In the last 10 days, "MQP GOLD BASE CASE" has ABSOLUTELY CRUSHED THE FORECASTS FOR:
a) BITCOIN
b) S&P 500
c) GOLD (noted on THURSDAY that I could NOT JUDGE short term direction; I can now, but no time for detailing)
d) SILVER, (where I've crushed the moves FOR 80 DAYS RUNNING, but silver needs a DETAILED UPDATE that I don't have time for)
2. ... AND STARTING THE MOVES FOR OIL & DOLLAR INDEX (WHICH ARE RELATIVELY LONGER CHARTS):
e) OIL (the move is coming, just dragging its feet)
f) DX futures (way early)
3. For gold & silver, cannot find decent weakness or desire to sell prior to 05/24.
4. The longer it goes without gold tagging 17xx handle again, the more "surprising" and intense (super quick 5% drop) it will seem.
5. The window for this drop has move to 05/25-29.
6. At that point, all the bears will come out screaming for 1600s and ABSOLUTELY WRONG THEY WILL BE.
7. Since I am not posting a detail update for silver, expect it to tag 28 handle prior to 8% correction in late May while gold should correct 4-5%.
8. On a side note, going to phase out posting forecasts because there doesn't seem to be a real interest in technical forecasts on TradingView. I've got the weirdest and most disappointing feedback this same week from self-declared serious traders here. It's almost strange, but maybe I was expecting too much. If you have been following, hey THANKS SO MUCH FOR READING MY STUFF. I will do a few more for you this year, the run to 2100, and then 2350 later in Oct/November.
See you later, space cowboy.
Note
***** THAT DROP LATE MAY SHOULD TARGET 1768, THE GENERIC LINE IS TOO HIGH *****
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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.