SUMMARY - The gold crash forecast projected by INFINITE REGRESSION must be understood through market wide context. This chart is for S&P 500 futures, or ES1!.
BACKGROUND - First links below include most recent forecast for oil, bitcoin, TSLA, dollar index, prior intermediate forecast and most recent gold forecast (CALL OF THE YEAR). All of these, INFINITE REGRESSION is more or less NAILING THE TARGETS. Please review them. Then read details for this chart and you should have "market-wide context for gold's move to 1600 by 9/6 (which is forecasted INDEPENDENT of all other forecasts as they are all independent but must be understood in context).
DETAILS - For this chart, S&P 500 is at a VERY critical part of the regression curves. Here, if price cross "under the red wave", it will get CRUSHED IMMEDIATELY. To avoid doing so, it MUST follow the faded dashed line all the way up "to pull the red and dark gray waves to break out position". This is very unlikely to occur, even in a market backstopped by the Federal Reserve. Why? Because we have leading weakness in oil and gold, strength in bitcoin and the U.S. dollar, and hesitation in tech.
BACKGROUND - First links below include most recent forecast for oil, bitcoin, TSLA, dollar index, prior intermediate forecast and most recent gold forecast (CALL OF THE YEAR). All of these, INFINITE REGRESSION is more or less NAILING THE TARGETS. Please review them. Then read details for this chart and you should have "market-wide context for gold's move to 1600 by 9/6 (which is forecasted INDEPENDENT of all other forecasts as they are all independent but must be understood in context).
DETAILS - For this chart, S&P 500 is at a VERY critical part of the regression curves. Here, if price cross "under the red wave", it will get CRUSHED IMMEDIATELY. To avoid doing so, it MUST follow the faded dashed line all the way up "to pull the red and dark gray waves to break out position". This is very unlikely to occur, even in a market backstopped by the Federal Reserve. Why? Because we have leading weakness in oil and gold, strength in bitcoin and the U.S. dollar, and hesitation in tech.
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