Saturday 27 July 2024

Bearish month ahead

 Issue No. 186 – Sat 27 July 2024

Gold is expected to fall for 4 weeks from here.

Let’s study a sharply bearish feature.

 

On the Table of geocentric planets’ positions for Aug 2024, Neptune occupies at about 29.1/20 of Pisces, i.e. the Ecliptic is 1/20 in front of Neptune.

Since they are close together, (Ecliptic.Neptune) can be regarded as an extraordinary MASS.

On the geocentric Jupiter-centered Ephemeris below, the Ecliptic is represented by a heavy green line just in front of Neptune.

In August month 2024, since the MASS is situated at 750 behind Jupiter, and bearish Jupiter Fore Trojans (Jup FT) are 600 in front of Jupiter, they are 1350 (a “Sesquare”) apart, i.e. they form a sharply bearish aspect in August:
    [Jup FT Sesquare MASS], where MASS = (Ecliptic.Neptune).


One more bearish aspect

As marked on the Ephemeris is the bearish mid Aug aspect: 
   
14 Aug 2024 [Jupiter Conjunction Mars].

Mars is a bullish planet. Its bullish influence is suppressed by super Giant Jupiter during Conjunction. Loss of Mars bullish influence is detrimental to the Gold market.


Bearish periods

The bearish [Jup AT Sesquare MASS] is aroused when the Sun transits over Jupiter soft angles. That means the following Sun transits are bearish:

  07 Aug 2024 Sun transits 600 in front of Jupiter, i.e. [Jup FT Conjunction Sun].
  24 Aug 2024 Sun transits 750 in front of Jupiter, i.e. [Sun Sesquare Jup AT].

Moon transits to interact with Sun (close to above 2 dates), and Moon transits in mid Aug) to interact with Jupiter, can arouse heavy bearish influence. Gold falls significantly.

The bearish market will terminate from end Aug 2024 when Mars is made active again. This we’ll discuss in the next post.

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