Technically, we suspect a diametric is forming is wave c of wave 4.Since International Gold is trading very close to mining costs possibly a temporary bottom formation could be happening.
Technically a diametric formation could be on the cards in the current wave 4..Astrologically we are looking at a short term upside ...
Jupiter and Neptune aspects influence long term trends here. Venus, Sun and their aspects with Pluto seem to have short term effects. Iam yet to understand long term effects of Pluto-Neptune or Jupiter Pluto.
From a trading point of view, Gold should improve in the short term. Waiting for completion of g leg and then buying for the medium term may be considered. Only after Gold makes its move first and that too with adequate stop losses.Jupiter Neptune trine on July 17 inspires confidence. The powerful effect could be spoilt a little bit with Saturn also joining the trine, but then we expect this last up move to complete a multi year bull market in Gold. The next cycle will be negative, but only after the short term uptrend..