Gold Spot / U.S. Dollar
Short
Updated

MQP PRESENTS GOLD CRASH ENDING 7 FINAL DRAFT RECONCILIATION

268
HEADER - So we have reached a point where cross-checking periodic ratio of momentum waves is literally SCREAMING that his should be the outcome.

SUMMARY - First, the highlight is almost the same as draft 6. The difference is the highlighted forecast is should be strong for 7 weeks, meaning price should reflect highlight closely to 11/14/22.

DETAILS - This morning I suggested covering shorts in next 12 hours circa 1610-1615. After which there are two boxes left worth trading, they are the 3rd and 5th boxes. See related links below for previous draft. Draft 6 worth reading for background.

STRATEGY - Short top left of said boxes, cover bottom right of said boxes.

AND THEN - We wait for LATE DECEMBER.
Note
NOTES - If you pull the chart to January, that tail is looking like 1270 AND POSSIBLY 100 LOWER.
Note
9:26 AM ET 9/28 SEE HERE CONCERNING MOVES IN GBPUSD:
MQP PRESENTS RUMORS OF A PIVOT DRAFT 1

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.