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The New Year Gold Rush


ModestInvestor

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The New Year Gold Rush! Can it be that gold has seasonal trends? Will there be a New Year gold rush?

I looked at some figures I had from 2006 to 2016, calculated the average price and then plotted this on a graph. In fact in the period from 1st January until the end of February the average price increase was 5.75% and occurred in 9 out of 11 years.

I set out to further research and refine this trade:

The New Year Gold Rush (moneysandi.com)

$GOLD #gold

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On 18/12/2023 at 21:19, ModestInvestor said:

The New Year Gold Rush! Can it be that gold has seasonal trends? Will there be a New Year gold rush?

I looked at some figures I had from 2006 to 2016, calculated the average price and then plotted this on a graph. In fact in the period from 1st January until the end of February the average price increase was 5.75% and occurred in 9 out of 11 years.

I set out to further research and refine this trade:

The New Year Gold Rush (moneysandi.com)

$GOLD #gold

Thanks for sharing @ModestInvestor

 

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