SUMMARY - This is the 11/25/23, 3-hour bar, 45-day generic and 23-day detailed CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. From various configuration of regression waves, gold is expected to break support twice before kiss of death by Fed Minutes on January 8th.
WARNING - As a precaution, the first rule of trading is don't lose money. As a reminder, the second rule of trading is don't forget the first rule. This is a 45-day chart that will serve as overall guide to December 18.
WARNING - As a precaution, the first rule of trading is don't lose money. As a reminder, the second rule of trading is don't forget the first rule. This is a 45-day chart that will serve as overall guide to December 18.
Note
WHY ONLY DECEMBER 18? - A little bit too fuzzy in this area, will know more when we get there.Note
a) in chart above:b) Sunday open should lead to rejection at 2008-2010 again for the 10th time in two month
c) IF BULLS MAKE A NEW HIGH A 2020 on Tuesday 12/28 ...
d) while it's STILL a short for 1935-1945-ish...
e) it leaves open one last miracle
f) the problem is bulls have to hit this pattern PERFECT PERFECT not screw up the 12/06 reversal setup
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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.