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Long

#Gold 1990-2013 September stats

FX:XAUUSD   Gold / U.S. Dollar
Gold             rose traditionally in September. However, last September Gold             dropped 9.66%. The stats show that Gold             never dropped two consecutive years, so a very good chance that it will rise. The last 2 month range is $73.10 (5.75%). Potential bullish move to 1330 (3.3%) is on the table and very likely.
1st of Oct. and Gold dropped 6.14%, the first time Gold negative two consecutive Septembers in 23 years. This is the 7th time in that period Gold marking red.
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MagnusTradingGroup MagnusTradingGroup
i like your analysis ;D
snapshot
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12th of September and Gold is down, broke the pennant formation. Will this be the outcome? Two consecutive drops in September would be the first occurrence in 23 years.
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Very glad to hear that from you.. The gold has tricked me twice recently and I am deep in red with my longs. Aiming at 1350.
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amazing work. Thanks!
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