Forecasting Markets

Also AI predicts that that there is a 37% chance that GC Feb contract to hit 2725 by Jan 2nd

 

when i hear the word forecast i first think of fishing and then weather..

 

Looking at Tesla now. Will post when i see huge opportunities.

 

Good strategy. Are you planning to hold till Feb or adjust if gold hits a key level earlier?

 

Can we see a chart showing 60 Feb'25 GC entry.

Also if Gold is undervalued (which doesn't exist -same for overvalued- the smart money would have already move it there) what is the valuation you believe it should be?

 

My 60 GC were assigned contracts from naked puts at different strike prices and even some were wssignwd Dec contracts that I converted to Feb and I am also selling 2c out of the money calls. There is no one chart with a single entry. What do you want to get by inpecting my account?

 

And thank you later huh?

Spot Gold - going sideways for 2+ months already:-

 

If gold goes sideways, I will make money as well. I am selling between 100 to 140 calls spread for the next two weeks and as they expire, I collect the premiums. Gold will pop and I am waiting for that day. Of course with my call options, it will make me ahort on gold and I will aell double puts

 

Is there a scenario, somewhere in the universe, where you lose ? Sounds like you’ve covered all the bases, at what price ? I lose the vig when I bet on all outcomes, unless there’s a mispricing somewhere. But unfortunately, I am dumber than the market.