GOLD - Seasonal Tendencies

FX:XAUUSD   Gold Spot / U.S. Dollar
971 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.
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.
BambooGrowth IvanLabrie
@IvanLabrie, spot on so far
IvanLabrie BambooGrowth
@BambooGrowth, yes, big time!
interesting point of view. thank you.
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