XAUUSD Gold Short based solely on time cycle and astronomy
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.
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.