Jupiter cycles typically mark multi-month lows (see graph here), and this one was reinforced by the double pentagram, a much stronger signal, so it is highly likely that a multi-year low is in place. The more important the planetary signal, the harder the date is to pinpoint. The double pentagram occurred 8 trading days after the major low (if it holds), not bad for a multi-year signal. This low was a higher low than the December 31 low (Saturn cycle), which is fine. The most important low (or high) from a planetary standpoint is not necessarily the lowest low (or high) as shown several times in Cowan's book.
Furthermore, the new Islamic bogey man ISIS began making headline news at the time of the double pentagram.
The major gold December 31, 2013 low (double bottom with June 28, 2013) reinforces the idea given here, here and elsewhere that entering the year 2014 was a major economic shift and time marker leading to important (not just financial) future events.
The effect of the most important planetary turn dates of 2014 so far are shown below.
|Gold Major Turn Dates for 2014|
|Gold Long Term Chart and Neptune Cycles|
|Gold Futures and Neptune Cycles|
|Silver Long Term Chart and Neptune Cycles|
|6/29/2014 Heliocentric Gold/Silver Pentagrams|
|6/29/2014 Geocentric Gold/Silver Pentagrams|
Geocentric Jupiter will cross the gold 36° harmonic on July 7 and the corresponding silver 72° harmonic July 9, at which time all major planets will be past the major harmonic points.
Saturn is in retrograde but will not reach the major harmonic point before it reverses to direct July 20; Neptune is also in retrograde but will also not reach the major harmonic point before it reverses to direct November 16. Pluto is also retrograde and turns direct September 22 very close to but without crossing 18°. (Because these reversals occur very close to major harmonics these are potential major reversal dates.) Note also that Uranus goes retrograde July 21 and then direct December 21 without crossing (but while close to) a major harmonic.
The Moon's Nodes also give major reversals. The last 36°/72° crossing occurred in June 2013 (both gold and silver), a major low for the metals. The last 18° crossing occurred in March (silver) and May (gold) this year, important highs (see graph above). The next 36°/72° crossings will occur in early 2015.
In conclusion, the opportunity for the planets to cause a multi-year reversal is almost certainly behind us with both heliocentric and geocentric Neptune, Uranus and Saturn as well as heliocentric Jupiter now on the other side of their major harmonic points, and with geocentric Jupiter about to cross this point in the next couple of weeks.
My guess is that the metals will pull back into one of the geocentric Jupiter cycles before resuming their rally. There is a near triple conjunction of Mars, Ceres and the North Node square the Sun and Jupiter on the 12-14th coinciding with a Ceres cycle which could also be important. Uranus is very important to metals and turns retrograde on the 21st, the day after Saturn turns direct.
The Earth-Pluto CycleI have been studying the long term gold chart to determine other causes of multi-month reversals. First let's review from this post the affects of Jupiter and Saturn (heliocentric shown). This chart does not show the June 7, 2014 Jupiter 36° cycle low.
|Gold Futures and Jupiter/Saturn Harmonics|
|Gold Futures and Earth-Pluto Conjunctions (White) and Oppositions (Orange)|
Gold/silver turn dates are given below.