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

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:

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

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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.

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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.

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I mean that in compared to 2017 2018.

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

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

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This tracing attempt has been terrible.

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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.

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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.

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

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This is 270-min bars:

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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:

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Let's zoom again:

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

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

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