Trump/Cook, Nissan weakness, more tariffs and gold - what’s moving markets
As of August 1, 2025 – 5-Day / 15-Min Chart
By Patrick MontesDeOca
SUMMARY:
After a sharp decline earlier in the week, GDX found a significant low at $51.19.
By Friday, GDX had rallied back above the Weekly Pivot level of $52.39.
As GDX approached $52.55 into Friday’s close, it moved into a narrow band between the VC PMI Weekly Pivot ($52.39) and Sell 1 target ($53.42).
After a sharp decline earlier in the week, GDX found a significant low at $51.19—a level just beneath the VC PMI Weekly Buy 1 level of $51.40. This marked a key inflection point that initiated a technical reversal as buying interest emerged with force.
By Friday, GDX had rallied back above the Weekly Pivot level of $52.39, signaling a shift from bearish to neutral-to-bullish momentum, reinforced by a bullish crossover in the MACD indicator. The recovery was not random—it was timed and aligned with Gann’s time cycle theory, which projected a 144-hour reversal window from the previous intermediate low. This confluence added conviction to the bounce.
As GDX approached $52.55 into Friday’s close, it moved into a narrow band between the VC PMI Weekly Pivot ($52.39) and Sell 1 target ($53.42). This zone represents a classic Gann price cluster where resistance is likely, and the market must prove its strength by breaking above it.
Overlaying the Square of 9 geometry adds another layer of validation:
- The 360° rotation from the $51.19 low targets $52.38, which aligns precisely with the VC PMI Pivot—a textbook confirmation level.
- The 540° rotation projects $53.42, matching the Sell 1 Weekly level—now a critical test of strength.
- A full 720° rotation projects $54.40, nearly identical to the Sell 2 Weekly level of $54.38—which may cap the rally in the short term if reached.
This harmonic alignment of price geometry (Square of 9), time (Gann cycles), and structure (VC PMI levels) is rare—and powerful.
Looking ahead, the next key Gann time cycle window falls on August 5–6, suggesting that this coming week may produce a breakout or failure at these critical levels. Should GDX hold above $52.39, the probabilities favor a test of $53.42 and potentially a spike toward $54.38–$54.83. If price fails to hold the pivot, the market could quickly descend to retest the buy zones at $51.40 and $50.40.
In this setup, the convergence of three independent systems—VC PMI, Gann time, and Square of 9—produces a high-probability map for decision-making. This isn’t guesswork; it’s the synthesis of time-tested market science.
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