The Odyssey of Homer's epic is one of the world's poetic story which can be studied from different viewpoint. In literary criticism, the obscure and unknown aspects of epic will be clear by studying the psychological and alchemical of Odyssey. The Odyssey of Homer is description of Ulysses’ story who is Greek hero. He wants to return his home land from the Trojan War but on the way back he was involved in many adventures and faced many dangers and experiences. The Odyssey is traveling to unconsciously soul Ulysses and the discovery of contents and hidden and clear aspects of it. In this study, we want to study odyssey's mysterious travel and individuation process based on the analysis of Jung's psychological and alchemical. Individuation process happens when the center character the conscious self is transferred to the area between conscious and unconscious. Person tries to clear his unknown spiritual life and makes life balanced and sustainable. So Ulysses must pass a difficult path and in this mysterious journey he faced with his unconscious archetypes and he should be acquainted with them to achieve the ultimate goal and integrity. Since there are nearly relation between Jung's archetypes and Alchemy thinking, Ulysses character can be described as an Alchemy who change his parts of lowly existence into valuable things like gold that means the unity of opposites which is reaching entirety and self.