Time is the reason for trend changes.
The 18th of February was a time pivot in the current Law of Vibration cycle, a powerful 6/8th time harmonic which acts as a source of resistance in time to the trend in force.
The 19th of February is a Full Moon and the Moon is Apogee - trends reverse violently if these two astronomical cycles occur near a swing low/high.
Gold has been an uptrend for 186-days - which is well within the 180-day Gann Cycle of the Inner Year.
Violent short term reversal ahead.
The 18th of February was a time pivot in the current Law of Vibration cycle, a powerful 6/8th time harmonic which acts as a source of resistance in time to the trend in force.
The 19th of February is a Full Moon and the Moon is Apogee - trends reverse violently if these two astronomical cycles occur near a swing low/high.
Gold has been an uptrend for 186-days - which is well within the 180-day Gann Cycle of the Inner Year.
Violent short term reversal ahead.
Note
Additionally, not shown is the Longitudinal position of Jupiter, which rests at 1330. When it comes to Gann's Planetary Lines, I've learned to give equal weight to those levels as I would to Gann's time cycle. Price has move above that line - so the time cycles could just be conditions for further and swifter moves higher.Trade active
Added to shorts at 1345.30 - 1235 CSTTrade closed: target reached
All profit taken, trade closed.
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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.
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.