PRS LIVE 4.4 I DON'T THINK WE GET TO 2050-2060

22 ago 2020

I THINK IT'S 2000-2015 (FOR XAUUSD). NOTE THAT THIS CHART IS GC1!.

So this much I know right now: This buying came from futures, not spot or GLD. If I judge based on GC1!, I would say new high possible. If I judge based on XAUUSD, I would say lower than 1990. If I judge based on GLD etf, I would say gray route or worse. The truth is somewhere in between.

Am I still targeting 1695 (by 9/04), and 1670 (9/25). YES. The longer this takes to finish this third top, the more ridiculous the move to 1670.

I WILL REMIND FOR THE LAST TIME: If your trades take 3 days or less, PLEASE FIND A TACTICAL TRADER TO FOLLOW. I AM NOT A TACTICAL TRADER.

22 ago 2020

Nota

PIVO PICTURE FOR THE BIG 3:

22 ago 2020

Nota

IF you use volume for any of the three instruments [by itself] to judge where price is going, please don't take this the wrong way: you don't know what you are doing. This is because the [source] of the move on any given 3-day window, can be any one of them, the least likely being GLD until post COVID-19. Nowadays, when not being the source, it can be the game changer.

I layer my PIVO (Pham Infinite Volume Oscillator) like I do PIRL/PIMA. Since GLD is an etf that trades 6.5 hours, it has its own set of adjusted layering to get the same information. So why is futures the strongest? The bottom 3 layers are still stacked ascending-ly. While spot only has 2 layers and so does GLD with an even weaker black layer. Each of them describe money flow on respective periods.

I can get different looks by switching bars sizes. After looking through all the angles, PRS is committing to the long for at least 4 more days.

22 ago 2020

Nota

Note: that means 1939 long for spot.