Gold𝑺𝒀𝑵𝑪

🟡 Gold𝑺𝒀𝑵𝑪 - BTC follows GOLD

Gold𝑺𝒀𝑵𝑪 is a quantitative projection tool that visualizes how Bitcoin (BTC/USD) would perform if it mirrored the recent price behavior of Gold (XAU/USD).
It extends Gold’s last n days of normalized performance forward on the BTC chart and builds a volatility-adjusted projection corridor.

⚙️ Core Mechanics

Projection Engine:
Calculates Gold’s relative performance over the selected lookback window and applies it to BTC’s last closing price.

Volatility Scaling:
Computes the rolling standard deviation of Gold’s logarithmic returns to estimate the potential deviation range.

Dynamic Gradient Bands:
Three upper and lower standard deviation layers (1σ, 2σ, 3σ) are drawn using fading gradient fills to visualize increasing uncertainty.

Scenario Labels:
Displays key levels for:

𝑩𝑼𝑳𝑳𝑪𝑨𝑺𝑬 — +2σ projection

𝑬𝑿𝑷𝑬𝑪𝑻𝑬𝑫 — mean projection

𝑩𝑬𝑨𝑹𝑪𝑨𝑺𝑬 — −2σ projection

📈 Usage

Designed for 1D charts (daily timeframe).

Provides a comparative “sync” between Gold and Bitcoin to study cross-asset momentum, volatility symmetry, and directional bias.

Useful in macro correlation analysis or when modeling BTC’s potential movement under Gold-like conditions.

🧠 Interpretation

Gold𝑺𝒀𝑵𝑪 doesn’t predict - it synchronizes.
It offers a contextual view of BTC’s potential path if it followed Gold’s rhythm, enhanced by statistically derived volatility zones.

Created by: SP_Quant
Credits: BitAura