gold seasonal
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Started by bear - June 20, 2022, 7:32 p.m.

gold normally goes down the last 2 weeks of june.   then a bounce.  possibly retesting lows in late july.  

the # of contracts is low.  about the same as previous lows in the gold price.

also the % of people long gold shares is at levels normally seen at previous lows.  

By metmike - June 20, 2022, 7:46 p.m.
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Thanks bear!

By MarkB - June 21, 2022, 1:53 a.m.
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Shifting positions, given the impending recession/depression, might cause gold to shift higher. Admittedly, I don't keep up with gold specifically. Maybe I should take more notice these days.