2115 EMERGENCY POST for FXOPEN:XAUUSD by Binary_Forecasting_Service

2115 EMERGENCY POST

ALL PREVIOUS BULLISH FORECASTS CALLING FOR 2300s-5000 ARE DEAD EFFECTIVE IMMEDIATELY!

Intro - Binary Forecasting Service's proprietary counter-manipulation signal has picked up a crushing signal due to "bears of UK/LBMA" action after unexplained sell off from 2282 to 2275. Normally, this would not be a problem except that its timing has been SUCH A REGULAR occurrence over last year that it boggles the mind. So when "overwhelming counter-trend' selling happens at 3 AM ET, BFS's trend engine extrapolates what that volume intends TO MAKE HAPPEN. That is 2115 by Monday 04/08.

Details - That's all of it. I had to get this up to protect people. I'm going back to bed.

Note

4:22 AM ET and 2268.xx, NOTES:
a) so I started putting in notes in previous post "DRAFT 7-2" about this
b) but the signal made me so sick I had to write this before going back to bed
c) and the reason is this
d) the signal was triggered because price moved from 2282 to 2275 ...
e) in A WINDOW THAT could only be achieved by OVERWHELMING FORCED SELLING
f) this selling is designed to get a rolling series of stops to get wiped out in a short time
g) it is aiming for 2115 on Monday
h) and once again, like batting .950, it is a 3 AM ET driver
i) strange?
j) we will find out
k) you and me both

Note

Note

a) for chart above those are the four bull lines
b) here is the first bear line:

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c) in chart above, the rule is simple the RED LINE WILL HOLD UNTIL BULLS BREAK IT
d) so first target is 2250 that's easy
e) second is 2243, followed by a tag of the second bull line
f) we don't know yet if that will go today
g) but with the 15 fed speakers left in next 3 trading sessions
h) SOME ONE GOT THE HEADS UP!

Note

i) continuing with chart above
j) it's not obvious if bulls break the red line ...
k) that they can do a lot here
l) in that scenario, they can delay the move down and decrease its sharpness
m) but it's not obvious that they stop bears from getting there before midnight anyway
n) so be aware

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o) last note for me today:
p) bulls have been trying to change the outcome but all they have down is this:

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q) I meant all they have "done", but down same difference
r) so trend engine says all that have does is pushed move sideways an extra hour or tow
s) and have not changed the odds of moving to 2243 today

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a) from chart above
b) apparently 2238 is the do or die for gold's current run
c) this chain reaction pushed by bears of the UK AM has enough powder to push under 2100
d) but prices don't move in straight line
e) we will see
f) it's not over until its over

Note

g) if bulls break above 2273 and move for 2276...
h) not sure what they can do
i) bc the curves at the top are gunning under 2240 today
j) in that situation, be careful going long
k) bc this one is a really HARD ONE TO ESCAPE

Note

8:49 AM ET 2273.XX
a) bulls will attempt a miracle move from here
b) which is the follow through of DRAFT 7-2
c) I will tell you right now...
d) I've never seen it do that once it has lost the position
e) but I can see that they are going to try

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f) I can't tell you with a straight face that they are favored
g) bc this is a spike up FROM OUT OF POSITION

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h) so?
i) it is 2274.11 and 8:52 AM ET as I type
j) there's 5 or 6 fed speakers today INCLUDING POWELL

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k) this thing is out of position now trend wise
l) the only bullish more from out of position is an arc up to 2350
m) I think that the trade is long with a tight stop
n) TIGHT AF AND TRAIL IT BC I DO NOT HAVE CONVICTION RIGHT NOW
o) so what should your stop be ?
p) 2270

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q) but AGAIN, it's not favored ok?
r) those are my thoughts
s) that's a wrap for this post too
t) have a good day

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9:00 AM ET, still 2274.xx
a) I don't know if it's favored
b) but I it's NEITHER IS THE MOVE DOWN NOW
c) so risk is NOT HIGH
d) just keep your stop tight AF UNLESS YOU SEE THIS FLY THROUGH 2290

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e) if it makes it through 2290, it will be on time for DRAFT 7-2

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10:04 AM, 2277.XX AFTER 2284.XX
1) rejected first time
2) will try again
3) trail your stops
4) it's in the process of correcting last night's technical damage

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5) if it makes 2292 soon, IT WILL BE FAVORED to follow through

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6) on my phone at Dr office
7) can't give exact times
8) but hours

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04/03, 10:15 AM, 2278.XX I got enough here.
A) this post is finished
B) let's finish DRAFT 7-2:

Note

2500-2900-3800-5500 DRAFT 7-2, 2420 IN 3 DAYS

Binary_Forecasting_Service

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