captainquenta
Short

XAUUSD Gold Short based solely on time cycle and astronomy

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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.
Comment: 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 CST
Trade closed: target reached: All profit taken, trade closed.
This was a marvelous analysis. Very well done.
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I didn't understand your last update... so are you bearish or not anymore? If yes from what level ? How long will the retracement last ?
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@lucamodena, I am very bearish on gold at these levels - been short since last evening, but just added to the shorts a minute ago (its 1212 CST right now). The combination of the weekly, daily and 4hour bearish divergences along with the above time cycles and astronomic cycles... FOMC is gonna flush Gold - then again this is Gold, so it could just continue to move into lala land ;-D
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lucamodena captainquenta
@captainquenta, I also bearish... although a little bit streatched already :D however if we look at dollar index it is also bearish with a H&S pattern on it's way. FOMS narrative has been recently very dovish... they don't want the stock market to tank... so I am a bit perplexed here
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@lucamodena, I am not a big news trader, never really matters to me in my trading - but when I notice a huge confluence zone of time cycles culminating after a 5-day blowoff move higher in gold, and THEN there is a FOMC release, its a trigger to counter that overbought trend - low risk imo
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Thanks for sharing. Your insight is very welcome.

Previously you have posted a chart showing the planetary lines in tradingview,(i do not know how you did this unless you did it manually)
I would love for you to try these settings for gold and make a post if you are actually able to post these lines from your software.
Mercury @ 45deg or 8th harmonic (showing both directions, including the mirror lines) along with Neptune same settings.

Today marked Mercury conjunct Neptune, a powerful reversal signal for gold. You will notice the aspect sits around $1335 on the 8th harmonic.

Time and price came together around the hour of the aspect occurring. It was a very entertaining show. I am also short, short-term only.

There are 3 Mercury Neptune conjunctions very close together for the first time in a long time (due to upcoming mercury retrograde)
Longer term monthly resistance from ATH is fading. Could see a further large impulse wave to $1618 sometime after June 21 into 2020...

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@joe.dodaro, I did it manually, I use Optuma by Market Analyst for almost all of my Gann and Astro trading
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joe.dodaro captainquenta
@captainquenta, ok well if you'd like give those settings for mercury and neptune a try, i am sure you will find them useful if you do no use them already. Optuma is the best astro suite I have encountered. I was just hoping there may be a way to export those lines to tradingview that I wasn't aware of!
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@joe.dodaro, Oh man, I wish there was too!
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