The Mr. T Gold Indicator

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“Don’t give me no jibber jabber.”
-Mr. T

Like the SPX, gold struck a low on September 24.

Gold bottomed at 1848 near the Autumnal Equinox.

Anchoring the 1848 low on the Square of 9 Wheel shows that it aligns with November 8.

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Red is 1848.

Blue is November 8.

What is interesting is that gold topped on August 6 (2072) with the week of November 8 representing a 90 day/degree cycle, a square of the natural year.

The indication is that early November, right around the election, should be an important pivot for gold.

W.D. Gann wrote that time turns trend, that when time is up price will reverse.

There are two takeaways: gold may hold the low it made on September 24, but it may back and fill and not turn up decisively until time is up in early November.

Of course, there is an alternative scenario which is that gold will find a high into early November.

At the same time, it is of course possible that a new low may play out into the first week of November — although that is not my expectation given the price structure at the moment.

Think this is financial voodoo and trading jibber jabber?

Check this out.

The August 6 all-time high on gold was 2072.

The following Square of 9 reveals that August 6 aligns with/vibrates off 2072.

Blue is 2072.

Red is August 6

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W.D. Gann wrote that when time and price square-out (balance out) expect a change in trend.

August 6 is conjunct 2062.

Gold declined to 1848 in 34 trading days.

Gann’s Law of Vibration demonstrated.

Jibber jabber?

Not convinced?The all time high in gold prior to this year was early September 2011 at a price of 1921.

On the Square of 9 Wheel a price of 1921 is square early September.

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Purple is 1921.

Blue is early September.

In sum, gold looks set to move around the election.

You can choose to believe it or not, but the math is undeniable.

All I can say is I have been working with the Square of 9 Time & Price Calculator for 30 years and never ceased to be amazed at its power.

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