The Gold in November 2009
The gold "behaved" as expected, it reached 1085, as I wrote in my October article. I would not be surprised if it went till 1091. But after that, time to rest. … will it go higher? Last year, between 4-19 November it fell from 763-711- approx. with 50 points. Not a disaster, but still..
We shall check the chart to see if this scenario will repeat.
Last year transiting Jupiter made a conjunction to natal Sun, transiting Mercury conjunct natal Uranus, the South Node was glued to the moon and there is an exact opposition between Uranus-Saturn. All these placements stopped the uptrend.
This year nothing of the kind happens but a pull back will occur never the less.
Jupiter, the planet of the gold is in the 12th house, powerless. Transiting Sun, is separating from a sextile to natal Sun, Mars will soon joining natal Moon, and also the Sun will form a trine to natal Saturn in the coming days. All these aspects, I believe, will stop the momentary uptrend.
In the graph too we can see, there is a support line at 1023-1048, which should hold the pull back, only to climb up again to 1098-1103-1115-1126 later this month.
Look for a change in trend: Nov. 3, 7,13,Dec.7.
Nov. 20 update: some say the gold reached its target, I say, there is more space above, till 1182. stop at 1120. Then we shall see.
Nov.25 update: New target after 1182: 1191,1215,1287,1311.
Trade carefully!
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