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

Jun 15, 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:

Jun 15, 2020

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

Jun 16, 2020

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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.

Jun 16, 2020

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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.

Jun 16, 2020

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I mean that in compared to 2017 2018.

Jun 16, 2020

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

Jun 16, 2020

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

Jun 16, 2020

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This tracing attempt has been terrible.

Jun 16, 2020

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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.

Jun 16, 2020

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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.

Jun 16, 2020

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

Jun 16, 2020

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This is 270-min bars:

Jun 16, 2020

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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:

Jun 16, 2020

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Let's zoom again:

Jun 16, 2020

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Jun 16, 2020

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

Jun 16, 2020

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

Jun 17, 2020

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Jun 17, 2020

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