SUMMARY - This is the second 11/25/23, 1-hour bar, 20-day ultra-detailed (at 18-min bar), CONTINUOUS EVOLVING FORECAST for direction and shape of price action in FX_IDC XAUUSD gold ticker. Continuing from "THE DEATH OF GOLD PART 1" published earlier today, the orange hi-light is the same, but with the PREQUESITE THAT BULLS HIT 2020 by Tuesday 11/28 before the 1935-ish check down to Tuesday 12/05. If price hits all boxes to 12/05, then this sets up a $100 spike up from 12/06 ADP to 12/08 NFP. By that time, I'm sure I will have something new. This draft is listed as neutral because it's both short and long.
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. As usual, this MUST be used with continuing notes posted throughout duration of this forecast to supplement - not replace - your trading discipline and risk management. As of late, forecasts are once/twice per day to be continuously relevant. However, from here to March 10th, 2024, I will have to play by ear as I have to pay more attention to execution and less to forecasting. As always, when price action disagrees with forecast meaningfully and I do not respond in time, SCRAP THE FORECAST and trade defensively.
HOW TO USE - Read the notes I add, they are continuously updated to be relevant as much as possible. If you are that guy that won't read the notes, follow a guy who doesn't do notes save both of us the headache.
DETAILS - Links for most recent and relevant posts are below for background and how we got here. I recommend that you replay them (especially if you are new to us) occasionally as frame of reference, but most importantly, as evidence that these forecasts help you cash day in and day out. Ask my readers.
IF MY FORECASTS HELP YOU MAKE REAL MONEY - Want more posts, more accuracy and more updates? Help me out by spreading the word to people you know PERSONALLY. Word of mouth is the best way to help make this a thing. The more demand I have for this, the more posts on more tickers I will make. The current rates of followers and readership is really not worth it for me to keep going, but I keep trying everyday to make you money. If you don't have friends because your wife say they are too much fun, well then I guess hit the boost/like button.