PRS PRE-TESTING #4: HOW CLOSELY CAN A MOVE BE PREDICTED??

15 Jun 2020

PRS IS SAYING THERE IS A 95% CHANCE OF 170 BY WEDNESDAY 6/17.

That is the easy part: This is a derivative map that is attempting to map the move as closely as posssible, before it happens:

15 Jun 2020

Nota

GIANT TYPO "95% CHANCE OF 1670s", 0% CHANCE OF 170. SORRY.

16 Jun 2020

Nota

They regressions keep morphing sideways, but not enough to change the trend positive. I am thinking its death by a thousand cuts or sideways to cliff.

16 Jun 2020

Nota

6/16 8:15 AM

Say what you want, but this time around gold has real fight. Its like, sellers really have to fight for each move down, and the fighting doesnt stop.

16 Jun 2020

Nota

I mean that in compared to 2017 2018.

16 Jun 2020

Nota

This is good are a year or two long, in the mean time it is still a fight to 1660.

16 Jun 2020

Nota

Typo: good if you are long for a year or two.

16 Jun 2020

Nota

This tracing attempt has been terrible.

16 Jun 2020

Nota

This is what I mean by fight. Every single inch there is a fight. All of that for $12, and maybe coming back up before coming back down.

16 Jun 2020

Nota

So then why do I insist on bearishness even though I was predicting new high last week? I can best answer this on the with some zooming. Let's start with 270-min bars.

16 Jun 2020

Nota

And... I just lost the chart after 30 minutes of working on it. FRUSTRATING!

16 Jun 2020

Nota

This is 270-min bars:

16 Jun 2020

Nota

So let's zoom in. The configuration allow you to zoom in by going to 90-min bars. The colors will move 1 spot down though, so the grays in 270-min bars are now purple:

16 Jun 2020

Nota

Let's zoom again:

16 Jun 2020

Nota

16 Jun 2020

Nota

SO THE MOVE IN WE JUST DISCUSSED IN THE LAST FOUR CHARTS WILL LOOK LIKE THIS IDEA:

16 Jun 2020

Nota

Thi idea is closed. 2pm 6/16. Go to the previous chart or the next chart below for direction.

17 Jun 2020

Nota

17 Jun 2020

Nota

THIS IS NEWEST UPDATE, MY ONLY POSITION HERE ON OUT.