Dynamic Anchors?

[lightz39]

Hey everyone, I am currently trying to figure anchors out. I was wondering if its possible to dynamically anchor one item to the next.

I can anchor two things beside each other but the issue is if one changes size (example a clock ranging from 12:00 to 1:00 shrinks) there becomes a larger gap than wanted. Is it possible to always maintain a certain padding no matter what size the string is?