Gold has peaked out

Issue No. 069  Wed 11 March 2020

                  

In our last post (of 27 Feb 2020) we opine:

[i] a peak in the 1^st week of March, and

[ii] CIT (change in trend) in 2^nd week of March 2020.

Spot Gold soars to US$1,710 at opening of Asian market on Mon 09 Mar 2020 and then falls significantly. Gold has peaked out (in day one of the 2^nd week of March 2020).

In our post in early June 2020, we make the forecast:

Gold will soar from mid June 2020 because of a super bullish pattern.

Gold has gained 30% since then.

The reason for our forecast is the presence of a special planetary pattern:

   “Positive Mars-Saturn Long Bar

   Being magnified by Jupiter’s Curved Space”

This pattern is illustrated graphically below.

But now the bullish pattern has disintegrated.

On the RIGHT Solar Chart -- At beginning of March 2020, Jupiter has moved to the mid point of Mars and Saturn. The bullish Mars-Saturn alignment is interrupted by bearish Jupiter (Jupiter is a Giant planet). The super bullish pattern has disintegrated, and its spell is broken. Gold must fall in March month.

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