Platinum-Markets

TIMING ANALYSIS

Platinum-Markets Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Don't rush in yet, wait for 8th April
There is a pattern of numbers working ranges in the whole stock market but we won't talk about that now.
For now we will discuss what we can prove.

Next Critical dates to watch for price symmetry are
8th April,
15th April
21/22nd April
27th April

Most importantly we have to wait and start watching from today 7th. The close of today's candle and probably
the candle on 8th will give us a better entry position. It will also give us a clearer entry for 15th

From 16th August 2018 price made 2 symmetric squares 186 points x 188 days
186 * 2 = 372
So we had a bigger 372 x 372 square
The golden ratio of that square = 372 * 0.618 = 230
If we expand the 372 square by the golden ratio we would have 372 + 230 = 602
So for a 602 x 602 square, the time axis 602 days from the origin 16th August 2018 ends on 8th April 2020

Before the 186 x 188 square, price formed a bigger 205 x 203 square from 25th January 2018 to 16th August 2018
On the time axis 203 days, we can see that the 602 square is approximately 3 times that of 203
203 * 3 = 609
609 days from the origin = 15th April
for 205; 205 * 3 = 615 days = 21st April

On the primary 329 x 329 square, from 2-dimensional view, price is currently in the 5th square.
This square is from 11th July 2019 to 4th June 2020
272 days from 11th July 2019 is on 8th April
Price topped on 9th March 2020 in this square which is on 0.732 ratio of the square
0.732 = 1 - root 3 (shows price decay)

From 9th March to the terminus 4th June is exactly 87 days
Price retraced 252 points from March 9th
252 x 87 sides is a 3 x 1 square and 1/3rd on the time axis is 29 days
the 2/3rd ratio starts from the 30th day to the 58th day
30 days from 9th March = 8th March
29 + 29 + 29 = 87
1/4th of 29 = 7 days
7 days from 8th = 15th April

On the smaller 78 sides stack-cube, price is currently in the 4th face of the 4th cube
The base is 1602 and top at 1680
On time axis the origin is 9th February and terminus on 27th April
0.764 ratio on time axis = 8th April
78 * 0.764 = 59.6
59 days from 9th Feb = 8th April
60 days on 9th

It goes on and on, we have to wait and observe a price ratio that is in confluence with all the squares
on any of the time axes to have a valid entry for a reversal
Note that the top of the top is around 1758 / 1762

I would not be surprised if price can reach 1700 or 1746
Please check next post



Comment:
Correction
30 days from 9th March = 8th April

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.