Gold correction is due

 Issue No. 190 – Sat 21 Sep 2024

 As expected, Gold rallies to record high of US$2,625 per ounce on Fri 20 Sep 2024.

Gold prices may stay at this lofty price level in early part of the week commencing Mon 23 Sep 2024, but a downward correction is due.

There are 5 bearish reasons for falling Gold price (from end Sep 2024) which are:

Bear #1
On Solar Chart 2024-09-23, 2 bearish features have developed;

 Solar Chart 2024-09-23 is again presented below, to explain one more significantly bearish feature.

The bearish features of the last Solar Chart are more conveniently presented with a Heliocentric Jupiter-centered Ephemeris.

[Uranus Semi-square Jup AT] is made very bearish by Earth interacting with Jup AT and with Uranus, in early Oct 2024.

There is a more bearish feature on Solar Chart 2024-10-16 which is a Black Hole aspect (Bear #3):

Now study a geocentric Jupiter-centered Ephemeris to locate 2 more bearish features:

Bear #4 De-stabilization of Jup AT (Jupiter Aft Trojans) by Sun
    Bear #5 De-stabilization of Jup FT (Jupiter Aft Trojans) by N Node

Bear #4 occurs when the Sun (on 14 Oct 2024) transits 120⁰ in front of Jupiter (as shown above). Since Jup AT (Jupiter Aft Trojans which are recession asteroids) are 60⁰ behind Jupiter, the deleterious aspect is: [Jup AT Opposition Sun].

Bear #4 is made more bearish because Chiron is posited at 60⁰ behind Jupiter, which is [Jup AT Conjunction Chiron]. Chiron is represented by a Circled Letter K.

Bear #5 is effectively bearish because N Node is posited at 75⁰ behind Jupiter to make 135⁰ with Jup FT. The bearish aspect (for whole month of October) is:
     [Jup FT Sesquare N Node].

FORECASTS for period of 4 weeks from end Sep 2024

Stocks
With so many bearish aspects occurring, we expect stocks to CRASH.

Gold
Gold falls significantly, but much less severely than Stocks. Gold is a safe haven after all.

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Sharp rally in coming weeks

 Issue No. 189 – Sat 07 Sep 2024

In the past weeks, Gold moves erratically, hovering around US$2,500 per ounce.

After consolidation of the past weeks, Gold is ready to advance sharply. We project buoyant Gold prices for the coming 2 weeks.

Let’s study Solar Chart 2024-09-14. The aspect is indicated by a Red Line, which is [Uranus Conjunction Mars] as viewed from the Sun. This is a bullish aspect because the Red Line linking up Uranus and the Sun is a Gravity Force, with bullish Mars moving from Right to Left through the Gravity Force. In the process, bullish Mars is made active and its bullish influence is brought out.

This bullish pattern, together with those mentioned in last blog post, ensures that the coming 2 weeks are significantly bullish for Gold.

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After 9 days, on Solar Chart 2024-09-23, 2 bearish features have developed;

Solar Chart 2024-09-23 is again presented below, to explain one more significantly bearish feature.

The bearish features of the last Solar Chart are more conveniently presented with a Heliocentric Jupiter-centered Ephemeris.

[Uranus Semi-square Jup AT] is made very bearish by Earth interacting with Jup AT and with Uranus, in early Oct 2024.

We opine that the Gold Rally will be due for downward adjustment in the week commencing Mon 23 Sep 2024.

There are more detrimental bearish features in Sep 2024 which will be discussed in the next post.

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