2150 BY 03/08/24, DRAFT 5, IS 2173 POSSIBLE TUESDAY NIGHT?
Introduction - First draft at 2025 - and 12 days ago - called for 2150 on or before 03/08. After four drafts, we finally made "the still highly likely 2087". The manner in which we arrived there on Friday was deemed suspicious by pattern recognition software. With short and medium term trends slow to catch up, Binary Forecasting Service expected very bearish Sunday night into Monday that did not materialize. All shorts were closed 12:30 AM ET under 2081. With "bears of the UK" failing to represent at the usual 3 AM ET sell off, onlookers believe the gold gods have signaled their intention to deliver 2173 before the clock turns Wednesday in New York.
DETAILS - In chart above, the hi-lights are Binary Forecasting Service's expectations for the next 48 hours. Typing at 6:56 AM ET and 2082.xx, that is a 90 point move under 42 hours. Monday's NY session should see 2100-2110. Overnight price action should feature a relevant check down before rallying the entirety of Tuesday to 2173. See previous drafts for how we got here.
DETAILS - In chart above, the hi-lights are Binary Forecasting Service's expectations for the next 48 hours. Typing at 6:56 AM ET and 2082.xx, that is a 90 point move under 42 hours. Monday's NY session should see 2100-2110. Overnight price action should feature a relevant check down before rallying the entirety of Tuesday to 2173. See previous drafts for how we got here.
Nota
7:01 AM ET, haven't slept all night trying to figure out the shape of price action. That's the best I can do on so short notice, so don't take hi-lights too seriously this time. Strategy is up until 2150, and then watch out for extension to 2173+.Nota
***I MIGHT HAVE THIS TOO COMPRESSED***a) we will know soon if we need DRAFT 6
b) why?
c) IF TOP IS NOT TUESDAY, THEN IT'S FRIDAY
d) I had previous disproved a 2125 top for FRIDAY
e) but 2175 is a different matter
f) so with that in mind, I think I have this too fast and it needs to get stretched out sideways
g) but that's not obvious yet
h) I will see
Nota
I) minutes later, so chart above needs to get stretched over the whole weekm) this is probable because the curve is already so steep
n) still need more evidence
Nota
8:00 AM ET, it's probably gray route, needs detailing:Nota
Nota
a) for chart above, I have GIANT GIANT NEWS b) I've got the route for NEXT 7 MONTHS...
Nota
c) make that 10-11 MONTHSd) that's the big news
Nota
e) now back to this weekf) IT'S PROBABLY GRAY ROUTE, not blue route
g) how we tell the difference is today's move up
h) if Monday high under 2100, it is gray route
I) if Monday high 2110-ish, it is blue route
m) common sense says gray route
n) common sense is right.... MOST OF the time
Nota
8:28 AM ROUGH DRAFT GAME PLAN for mon-tue-wed-thua) it's going to be one of those
b) buy every channel check down
c) sell the turn
Nota
d) ALSO NO DIP UNDER 2080Nota
10:40 AM ET, yes we made 98 blah blah... if we don't break it for 2110...a) we will be stuck with in this sideways to up zig zag until Fri AM
b) which is gray route
c) the spike was hard up like it wants blue route
d) but it's not obvious bulls can stop move to 83 again
Nota
10:55 like clock work, bulls aim for 2110 a) trend engine say they stall 2110 and drift following light blue path
b) in chart at top
c) however, 2088 MUST HOLD OVER NIGHT
d) if not?
e) price would act like dark blue in previous chart
f) but the order of the sideways zig zag would be more irregular
g) that's a wrap for Monday
Nota
11: 47 A ET 2018, pushing for 2025. a) SO THIS DRAFT IS DEAD now too
b) we need a new draft
Nota
c) got nothing right nowd) will post if I have something
Nota
12:04 PM 2017.XX I don't have time for a new drafta) but I expect the rest of the chart at top...
b) to hit on time
c) meaning 2173 tomorrow
d) obviously some kind of minor retrace is likely due first
Nota
12:22 so if retrace is 2097-2100A) then Tuesday high could be 2200
B) not saying it's probable
C) I'm saying it's possible
D) be aware
Nota
E) my trend engine says the move complete OVER NIGHT and crash on Tuesday/WedNota
F) CORRECTION, previous note not right.Nota
G) RE-CORRECTION, E) note was rightNota
THIS POST HAS ENDED. HERE IS DRAFT 6. 
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