Gold Trading Levels This Week: Gann-Astro Support & Resistance (Aug 4-8)

“When planetary tension builds, markets respond—often before the news catches up.”

Gold Weekly Forecast: A Flight to Safety to Ignite Major Rally

This week is setting up to be exceptionally bullish for precious metals. As a cascade of bearish and high-volatility events are expected to trigger a significant sell-off in risk assets like equities, Gold and Silver are primed to be the primary beneficiaries of a major flight to safety. The forecast indicates a steady build-up of bullish momentum, culminating in a powerful rally that should peak during the height of market panic on Thursday and Friday.

Day-by-Day Forecast for Gold and Silver

Monday, August 4: The week for precious metals will likely begin on a quiet and cautious note. Rule No. 38 suggests a significant low or “bottom” could be formed. This may manifest as a final dip or a period of consolidation for Gold and Silver, establishing a strong support base before the anticipated upward move. Watch for a potential intraday low that holds firm.
Tuesday, August 5: The atmosphere begins to charge with tension. Venus, the planet of value, reaches an Extreme Declination. This often signals a major turning point for assets. Combined with the Moon’s South Declination adding emotional undercurrents, Tuesday could see the first real signs of safe-haven buying. Prices are likely to firm up and may test key resistance levels as astute investors begin positioning themselves ahead of the expected market turmoil.
Wednesday, August 6: The upward trend should begin in earnest. The Jupiter Opposition Moon aspect carries a negative bias for the broader market, likely sparking the first definitive wave of risk aversion. As investors start to de-risk their equity portfolios, capital will begin flowing into the traditional safety of Gold and Silver. Expect a solid, positive closing day for both metals.
Thursday, August 7: This is the day the rally is expected to accelerate dramatically. Bayer Rule 2 triggers a “Big Move” down in equities, which should act as rocket fuel for precious metals. The concurrent Lunar Eclipse and Mars Ingress will amplify market chaos and fear, leading to a frantic rush into safe-haven assets. Expect a strong, high-volume breakout and a significant rally in both Gold and Silver.
Friday, August 8: The week culminates in a climactic session. The morning is likely to be driven by peak fear, thanks to the Moon-Pluto and Mars-Saturn aspects. This should push Gold and Silver to their highest prices of the week as panic in other markets reaches its zenith. However, the afternoon brings the Mars Trine Uranus and Mars Zero Declination turning points. As equities potentially find a bottom and reverse, the desperate, frantic buying in precious metals may subside. This could cause Gold and Silver to pull back from their session highs but still finish the week with substantial gains.