BambooGrowth
Long

GOLD - Seasonal Tendencies

FX:XAUUSD   Gold Spot / U.S. Dollar
965 8 17
Note how the last 3 years Gold's low is in November/December.
Note the low is always lower than June/July low

Gold             made lower highs and lower lows, but 2016 is the trend change!!
Look for a low below June/July low between 1210 and 1170, for a big move in 2017
This is going to be a opportunity of a life time... Buying Gold in November/December
Wait for it...
+1 Reply
I also have this level in my focus. Thanks.
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This would certainly spook all longs. It's true sentiment is too optimistic amongst retail traders too, so it might go and do this you describe.
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@IvanLabrie, spot on so far
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IvanLabrie PRO BambooGrowth
@BambooGrowth, yes, big time!
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interesting point of view. thank you.
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