3000 BY HALLOWEEN DRAFT 10-8, NEEDS MORE 2-WAY VOL
In 10-6, I had warned about 2-way vol saying that price could hit 2665 twice. The front end though didn't break 2556, so I misread the intraday 2-way vol as having basically died. It didn't, it just stalled for a while. So what? So same pattern as 10-7 but pushed forward a bit with more 2-way vol.
In chart above, yellows are from 10-7. Gray is adjusted for 2-way vol. Otherwise, if price outperforms the corrective curve again, it should only do it where I have the three arrows. Beyond that, it should not outperform gray route meaningfully.
All trend maps combined, and also with respect to the the entire price action since 1610, this route fits even better than the 2717-2597 outcome we were hunting for. So in that sense, I think THIS IS THE MOVE preceding the rally from 2572-3000+ ending 10/31.
In chart above, yellows are from 10-7. Gray is adjusted for 2-way vol. Otherwise, if price outperforms the corrective curve again, it should only do it where I have the three arrows. Beyond that, it should not outperform gray route meaningfully.
All trend maps combined, and also with respect to the the entire price action since 1610, this route fits even better than the 2717-2597 outcome we were hunting for. So in that sense, I think THIS IS THE MOVE preceding the rally from 2572-3000+ ending 10/31.
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1:48 PM, here's the problem:
a) I have the move down right
b) I DON'T HAVE THE ZIGZAG RIGHT
c) because it keeps shifting
d) meaning I would have to redraft every 4 hours to keep the zig zag current
e) I am not going to do that because I am being paid to do it
f) nothing else to add right now
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7) continuing in chart above: do I put 3100s on the table for 10/31?
8) premature, but that's the obvious question after we have a route up
9) this is a difficult route to make out
10 ) it's gonna take me a while
11) just because in my mind, there was no way we move up WITHOUT 110-120 PT RETRACE
12) but gold is basically saying "fuck that retrace"
13) let's go to the moon in October
14) I was in no way ready for this outcome
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7:21 PM, it was in the back my mind....
15) but wayyyyyyyyyyyyyyyy in the back
16) bc I just can't remember a situation like this to compare to
17) gold has always retrace WAY MORE THEN IT SHOULD
18) especially in major retraces....
19) but I can visually see all the bearish routes slowly dying
20) I just don't have "where this should go next" map
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a) in chart above, so the lowest high is 2885
b) the highest high is 31xx
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c) I am going to say 3070
d) bc in my research in June and July
e) this was the highest I thought it could go
f) so until I see strong evidence other wise
g) my call is 3070
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7:45 PM ET, so why this means is 2950 hits on or before 10/19
a) insane??
b) no, just gold acting like it's the 1970s
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8) but you have to understand why this route is last
9) because the MOST UNEXPECTED ROUTE....
10) would be moving above 3000 on the back of a 60 PT RETRACE
11) my head hurts a bit, but I am happy as fuck
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12) Jesus.... that means 3450 is on the table for December
13) and a ceiling of 5300+ in 2025
14) you are going to see inflation like we have never seen in the United States before
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8:15 so keep this in mind while I map the route up:
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10/2 8:34 Nota
SO HERE IS 10-9:
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