Gold Trading Plan: Gann Angles & Astro Cycles (18-22 Aug)
The week is front-loaded with powerful astrological indicators suggesting major turning points and high volatility. The focus for Gold will be on the potential for a significant trend reversal early in the week, followed by a period of adjustment.
Gold
The astrological setup appears particularly significant for precious metals, with a potential for establishing a notable low point during the week.
MCX GOLD Gann Angle Chart
Gold is back to its Gann time cycle and can see a good counter trend rally once above 10557
MCX GOLD Supply Demand Zone
MCX GOLD Supply Demand Chart : Demand in range of 99015-99100 , Supply in range of 100900-100100
MCX GOLD Harmonic Analysis
Price is forming an Alternate ABCD pattern PRZ zone at 100500
MCX GOLD Weekly
Price has formed Weekly Inside Bar
MCX GOLD Monthly
100494 Monthly Resistance and 98148 Monthly Support.
GOLD Astro/Gann Trend Change Date
Key Pivot Dates: Watch 18/22 August
GOLD Weekly Levels
Weekly Trend Change Level:100237
Weekly Resistance:100557,100877,101196,101516
Weekly Support: 99917,99598,99212,98900
Levels Mentioned are for Current Month Future
Learn More:
W.D. Gann Trading Strategies – Learn how to decode markets using price, time, and geometry.
Trading Using Financial Astrology – Discover how planetary motion impacts market behavior and how to trade it effectively.
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