gold seasonal
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Started by bear - Sept. 19, 2020, 9:55 p.m.

oct is normally a down month in gold.  

i still think we could test 1800.  and would not be surprised to see a trading range between 1800 and 2000 for the next 6-to 12 months before making new highs.  

Comments
By metmike - Sept. 20, 2020, 11:41 a.m.
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Still looks like a bull flag to me on the 6 month and 1 year charts farther down bear and on the verge of an upside breakout on the 10 year chart. 

https://www.kitco.com/charts/livegold.html


  Live 24 hours gold chart [Kitco Inc.]          Glossary        

                        

Printer Friendly Version

        Live New York Gold Chart [Kitco Inc.]                        


                        


                

         
       
                   
         
                   
         
        

        

 


By metmike - Sept. 20, 2020, 11:51 a.m.
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How much seasonality we have in this environment is a big question.

https://www.sunshineprofits.com/gold-silver/charts/seasonal-charts/gold-seasonality/




Here is the seasonal from the same site for Silver:


By metmike - Sept. 20, 2020, 11:53 a.m.
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More price charts for Gold:

                        


https://www.kitco.com/charts/techcharts_gold.html
                                                                                                            
 
1 Year Gold London Fix PM Daily with 14 and 200-day moving averages
 
              gold Technical chart [Kitco Inc.]

 
2 Year Gold London Fix PM Daily with 30 and 200-day moving averages
 
              gold Technical chart [Kitco Inc.]

 
5 Year Gold London Fix PM Daily with 60 and 200-day moving averages
 
              gold Technical chart [Kitco Inc.]

 
8 Year Gold London Fix PM Daily with 60 and 200-day moving averages
 
              gold Technical chart [Kitco Inc.]

 
10 Year Gold London Fix PM Daily with 60 and 200-day moving averages
 
              gold Technical chart [Kitco Inc.]            
                        
June 20, 2020, 11:20 a.m.
metmike

                


                                    

By metmike - Sept. 20, 2020, 11:57 a.m.
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Here are some great price charts for Silver:

https://www.kitco.com/charts/livesilver.html


     
       
                 
     
               
        

        

                    
By bear - Sept. 21, 2020, 12:36 a.m.
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http://www.321gold.com/charts/seasonal_gold.html


depends on which seasonal chart one looks at.  this one goes back to 76, so it includes the long 20 yr bear market.  

the seasonal charts you provided started in 2002, so does not include the 80's and 90's. 

By bear - Sept. 21, 2020, 12:39 a.m.
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but past october, if we look at the yen chart to the left, the buck looks like it should continue lower against the yen.  

normally the yen and gold move together,  so if the yen is going up, the gold should go up.  

By wglassfo - Sept. 21, 2020, 5:50 p.m.
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Why would anybody trade gold futures

Doesn't the futures market/price for gold seem a bit odd, when physical gold coins on E-Bay have an asking price of 2050 per 1 oz coins

Most gold and silver dealers have limited amounts with some coins and bars not available. 

Seems to be a bit of disconnect to me

If you stand for physical delivery of an asset other than PM you get the physical at the price quoted at delivery plus warehouse fees etc.

Anybody think you will receive gold at the delivery quote

I might stand to be corrected as I have no idea what the banks pay for physical, that they store in their own vault