GOLD 0.51% $1,391.7 gold futures

late september through to mid october is almost always a soft...

  1. 4,618 Posts.
    lightbulb Created with Sketch. 31
    late september through to mid october is almost always a soft time for gold. its get a breather after the takeoff in early september. it's almost like clockwork as we see the best part of the year for POG start to unfold. Christmas is always a good time for gold with a brief soft period shortly thereafter going into feb march. then its sideways until september again.

    if seasonals continue to play their role, which they should amidst any other factors, then the POG is consolidating atm. great time to add to yor position as it gets ready for the next spurt. trend continuation is expected and for good reason.

    I might even buy another oz or two this week as 1140 AUD is great buying!

    GC
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.