MQP 21C AND THIS IS HOW IT SHOULD END
HEADER - It should be much closer to this vs. 21B.
SUMMARY - Again, barring a very, very, very, very late miracle of 20H DRAFT 3 playing out, this is how gold goes down. Maybe for A VERY LONG TIME.
DETAILS - Links for 20H, 21A, and 21B are below. I have a small hedge that pays for all my puts if 20H decides to play. Besides that, I am all the way in short without further tapering.
SUMMARY - Again, barring a very, very, very, very late miracle of 20H DRAFT 3 playing out, this is how gold goes down. Maybe for A VERY LONG TIME.
DETAILS - Links for 20H, 21A, and 21B are below. I have a small hedge that pays for all my puts if 20H decides to play. Besides that, I am all the way in short without further tapering.
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NOTES - In the absolutely sick scenario that 20h decides to explode late, it has to get above 1840 immediately, 1865 within 12 hours, 1885-1905 before Friday end. There's two bold lines crossing the support line that was lost last week. If it breaks through those 3 lines and immediately retests AND PASSES, AND HEADS UP, such would be how that scenario would look. It's insane in such a money printing environment that gold would head back down (while your groceries are twice what they were in 2020), but it is what it is.
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