@david25: US$ gold price chart shows a yearly low that is very similar in appearance to that seen in 2013, 14, 15, 16 & 2017. Note, also, the strong gains available going forward for the next several weeks, if one bought the low.
To be more specific, those earlier yearly minima were on 12/23/13, 11/5/14, 12/18/15, 12/22/16, and 12/13/17. By 2016, gold and gold-mining investors were on the look-out for this 'habitual' year-end minimum, and the strong gains coming after the low.
Precise verifiable reason(s) for these year-end minima were never determined. Candidates often voiced were seasonal buying patterns in Asia and India, and gold banks driving price down to be able to cover shorts.
It's possible that the common pattern was washed out, during the strong gains of 2018 and 2019, but has now re-appeared, during the correction we've been under for the last 6 months or so.
GLTA
short term gold crash, page-3
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 41869 | $1.88 |
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|---|---|---|
| $1.89 | 46046 | 3 |
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