It is fascinating to see how accurately Time cycles can predict early reversals on the Gold, the same way as stocks or indices.
We derived a path for Gold in our past weekend webinar held on 1st March 2025 with 1000’s of participants. Below is the chart which shows a detailed path of Gold which we derived earlier.
Gold Daily Chart: Anticipated as on 1st March 2025 in Weekend webinar.Gold Daily Chart: Happened as on 17th March 2025.
Time cycle works like magic for capturing lows before they have already happened. For Gold, 51 period of Time cycle works extremely well on the daily time frame. Time trading has to be combined along with price action for precise entry. On the above chart, we can see that every time prices are near the cycle zone, prices have formed a low and a pullback on the upside have witnessed.
As anticipated on our Weekend webinar held on 01st March 2025 that Gold might witness a minor dip post which we can a expect a sharp rise in the asset.
Gold moved precisely as expected and BANG ON!! Gold witnessed a minor dip near important support of 83900 levels and thereafter Gold reversed on the upside and witnessed a rise of more than 4000 points.
The next cycle is due on 17th April 2024 and until then we expect Gold to protect its previous cycle low i.e. 83880 until 17th April 2024.
In a nutshell, the current trend for Gold continued to be on the side of the bulls as per the concepts of Time trading. As of now, one should use dips as a buying opportunity for better risk reward which can bring out the targets of 88300 or higher. On the downside, 87000 is the crucial support.
Want to know more about accurate gold reports? Subscribe to our Vayu Short-Term Update and get gold strategies every week. Check here
Brahmastra (Mentorship) on Trading – Learn the science of forecasting using Time and Elliott wave, Neo wave along with risk money management, stock selection algo, and Options trading with a complete plan. Limited seats only, The Next batch starts in March 2025. Know more here
No comments:
Post a Comment