Sunday, December 19, 2010

Gold and Silver Jan 4, 2011

Gold and silver may be coming into a critical time band.

On Jan 4 there is a partial solar eclipse. In addition there is a Jupiter Uranus conjunction on Jan 4th, 2011 with Venus trining both Jupiter and Uranus. Venus squares Neptune the same day.

Allow an orb around Jan 4th of a few days before and after.

These signatures should coincide with turns in many markets.

We are expecting;

a high in the SP500
a low in the US dollar
a high in Gold and silver
a high in crude

These may not be a major high or low but a high or low in this time period.

In the case of Gold and Silver this may mark a significant longer term high.

The following daily chart of Gold shows the recent history of Venus in waning trine to Jupiter and Uranus and sqaure to Neptune. Note that Jupiter and Uranus have been very close to conjunction for many months.

Previous waning trines for Venus and Jupiter / Uranus and square to Neptune are circled.











Note, this is the waning trine, that is the trine between the opposition and next conjunction.

It should also be noted that Silver is due for a 111 week cycle low. The period around Jan 4th could be the crest for silver before it drops into this cycle trough.

Following is a weekly chart of Silver showing the potential 111 week cycle.

1 comment:

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