Saturday, April 19, 2014

May Gold/Silver Turn Dates

April 2, 14, and 21-22 were predicted to be the major turn dates for gold/silver in April, and so far this has been spot on for gold. Since the trend was turned down by Pluto turning retrograde on the 14th, we should expect the metals to find a low early next week with the Uranus-Pluto square/grand cross and turn back up.

Gold Futures

The May turn dates are given below. The March 14 (silver)/March 17 (gold) high was caused by the Moon's nodes crossing silver's 18° harmonics on March 16, and they will cross gold's 18° harmonics 3 times in May, so these dates should be watched closely.


May 6: Jupiter-Venus Opposition

May 9: Uranus-Earth/Saturn-Venus Golden Gnomon Triangle 72°
May 10: Earth-Saturn conjunction
May 11: Geocentric Venus-Mars opposition

May 15: Geocentric Venus-Uranus conjunction
May 19: Gold geocentric Nodes 18°
May 19: Geocentric Ceres-Venus opposition
May 20: Geocentric Mars turns direct

May 24: Geocentric Jupiter-Saturn trine
May 25: Gold geocentric Nodes 18°
May 26: Gold geocentric Nodes 18°
May 26: Geocentric Pluto-Sun-North Node loose Golden Triangle 18°
May 27: Geocentric Venus-South Node conjunction

May 31: Neptune-Venus conjunction


53 comments:

  1. Does some one know on where Steven J Williams is posting his Market Outlook now. It has been 3 years since he has posted on his blog.
    http://www.cycleprooutlook.com/Charts/SP500/Outlook.htm

    ReplyDelete
    Replies
    1. Sorry never heard of him. Have you tried emailing him?

      Delete
  2. Thank you very much !!!

    Please explain to a new admiror of your Job.
    You said that the turning date is next week, that's means the end of april?
    There are 3 turning dates in may?

    Thank you in advance for responding to a student of your job.

    ReplyDelete
    Replies
    1. Hi HBG, welcome to my blog. :)

      I am expecting to see a low for gold early this week.

      There are 4 turn dates highlighted for May in bold above:
      May 9
      May 19
      May 25/26
      May 31

      Turn dates are typically +/- 1 day.

      Delete
  3. Replies
    1. I think it's topping. SPX has resistance on the grand cross at 1873.5.

      Delete
  4. Hi Platy,
    Are you adding any longs in Gold? or waiting for a flush?
    If i got it right, you might be looking for a top in gold around may 8-10? and low any time now...

    ReplyDelete
    Replies
    1. I don't like where gold is sitting here. Not playing it.

      Delete
    2. After further though, we may have a double bottom here at important long term support, shown in my tweet.

      Delete
  5. platy, I can understand how planets and orbits can give us "time" but how do you get a "price" such as grand cross resistance at 1873.5? Planets don't have "prices"? Thank you for explaining.

    ReplyDelete
    Replies
    1. Hi Alex,

      Please see these posts for an explanation of converting planetary position to price:

      http://planetforecaster.blogspot.com/2013/12/spx-gold-planetary-price.html

      http://planetforecaster.blogspot.com/2014/02/march-silvergold-turn-dates.html

      Delete
  6. looks like today is the low for gold..miners bottomed yesterday, junior miners had a reversal day, from down 1% to up almost 3%.
    Platy, can you elaborate on your thoughts on gold about the double bottom?

    ReplyDelete
    Replies
    1. I think it's very possible we have a low in (double bottom with April 1). I would have liked to see 1273 tagged but it doesn't always hit the mark. My confidence is not real high on this until we see it play out some more.

      Delete
  7. Hi Platy,

    Do you think turning date were occruring yesterday in Gold around 1278, It coincides with 22 april turning date.

    Next week, we have FOMC on tuesday 30 april, i think we may only have 2 - 3 day Up before go down again on FOMC. But your May turning date is 09 May, that's means Gold have to go up until 09 May?

    A bit confusing for me.

    Thank you in advance for commenting more on this subject.

    ReplyDelete
    Replies
    1. What you suggest is possible. I don't always catch every turn. My expectation would be a rise to May 9 but we have to look at the behavior. Will it hold today's low? Will it get rejected at 1295 or climb above it? What I can say is that today was a very important turn date and I was expecting a low.

      Delete
  8. Good Morning, we are looking for an April 22-24 swing High http://timeandcycles.blogspot.com

    ReplyDelete
    Replies
    1. Excellent, I was hoping you would stop by and say that!

      Delete
    2. And let's not forget that on 4/25 the moon will be conjunct gold's natal Jupiter position, which is bearish by a factor of in excess of 2 x 1. But it could act inverse.

      Delete
    3. Good to know, thanks Chris!

      Delete
  9. Platy, good call on gold making a low. Even though it hasn't moved much since yesterday, but boy oh boy, look at the miners, up huge today. If this keeps up, gold will follow...

    ReplyDelete
    Replies
    1. Yeah miners made quite a move! Gold isn't convincing yet.

      Delete
  10. Comex expiration today and FOMC next week.

    Watch gold carefully. In this cycle, we have 9 days UP from 1277 and 5 days downs from 1331 (not inclused the swing yesterday), so we have 15 days. That's abit short for me for a daily cycle.

    Oh, let's see we may have a correction down in FOMC day.

    Some one have an idea?

    Good day !!!

    ReplyDelete
    Replies
    1. Could be, HBG! Thanks for the input.

      Delete
  11. Hi Platy, you mean we could see a long term low in both metals and stocks around end May? Thanks!

    ReplyDelete
    Replies
    1. My dates only tell us that something important should happen, not whether it will be a high or low. Let's see how this plays out a little more.

      Delete
  12. when do you see a major correction for the major indexes ? and a higher price in gold? late may?

    ReplyDelete
    Replies
    1. Let's see how the next few days play out. I think we are close to a major high for stocks. Gold is less clear to me in the short term, but I think June 14 will be a very important low.

      Delete
    2. awesome, thanks for your input platy

      Delete
  13. For the major index, i think the bubble phase may last 3 - 4 weeks.

    For gold, i'm watching the downfall right now, i think june is a good month to back up.

    We may have another daily cycle down after this one before GO UP.

    ReplyDelete
  14. So far so good Platy.

    You are right on schedul.

    Thank you

    ReplyDelete
    Replies
    1. Well, 2 days late, if it sticks, but sometimes that happens.

      Delete
  15. Platy, what do you think of the action in gold today? made new low at 1270 just to bounce up almost $30. maybe expiration shenanigans?

    ReplyDelete
    Replies
    1. I would have been much happier to see this action 2 days ago. It is still ambiguous to me, but if it can get above 1295 that would be bullish. Currently I'm leaning bullish here but cautious.

      Also here is an interesting interview with David Gurwitz from Nenner which lines up well with my thinking. He is calling for a major high in stocks/low in gold in June. He also is expecting a short term pop in gold here.
      https://www.youtube.com/watch?v=GVrE2zJMmwk

      June 14, I tell you, something huge is up for that date.

      Delete
  16. looking at how the miners are doing today, with the initial pop sold heavily, gold is still higher than yesterday, but GDXJ is down 2.8%, leaving an ugly candle, maybe an leading signal for a beat down in gold tomorrow? Chris did say tomorrow may be very bad for gold....I am hoping for the opposite though

    ReplyDelete
  17. May 1 Nodes cross DOW 36°/72°. This is a major event, and DOW has been giving the best signals. We should get a pull-back in SPX to ~1865 but then a run up to new highs looks likely. I will try to get a post out this weekend.

    ReplyDelete
  18. 30th April mid-day we have the FOMC decision. That could be the catalyst for the turnaround in stocks.

    ReplyDelete
    Replies
    1. Ah there you go, thanks Rajat Ray!

      Delete
  19. Hi Platy,

    Where do you see gold Go? May 1 stock hight, gold low? The move is confusing me now.

    Thank you

    ReplyDelete
    Replies
    1. Sorry it's not clear to me either. Gold is hitting an important trendline resistance level here. If it manages to break above, I do not expect it to get much higher than 1325.

      Delete
    2. Venus conjuncts Pluto Sunday. I did not mark that as important, but maybe it is.

      Delete
    3. Revised my outlook on gold a little, I think it could rally to late May and get above 1325.

      Delete
  20. thanks for all your analysis platy ~

    ReplyDelete
  21. Platy if any of your readers use,s or has looked into octaves or the diatonic scale, it would be nice if they could give the rest of us a leg up.
    I have just finalised the last 192CD (Gann's master time factor) cycle for gold. Assuming I have done it correctly, the last cycle ended on 2/4/14. The current cycle, therefore, started the next day on 2/5/15. The high for that date was 1274.5.

    1 OCTAVE up is 1389.85
    1 diatonic scale up is 1350.25 + a 6/12 sub DS up from 1350.25 is 1390.02.
    The high on 3/17/14 was 1392.6.
    I haven't yet projected forward.
    And some more useless info. The 12/31/13 low was exactly 39 years from date.

    ReplyDelete
  22. Hi Platy,

    Do you have some insights for next week in Stocks nd Gold?

    Thanks

    ReplyDelete
    Replies
    1. I think stocks will rally next week above last week's high, but not necessarily above the April high. Then drop into late May.

      I suspect gold's low last week will stick for a while. Maybe a pull back next week from overbought conditions, but then a slow crawl up to late May. Roughly inverse of stocks.

      Delete

]]>