From Chart of the Day
GOLD : SEASONALLY STRONG FROM AUGUST TO OCTOBER
While the stock market is down significantly from its October 2007 peak,
gold is up
nearly 30%.
For much of this year, however, gold has been treading water in a relatively
choppy
manner. Today's chart, which illustrates the annual cycle in gold, suggests
that this
choppiness is not out of character for gold.
Looking forward, however, gold has tended to put in its strongest gains from
early
August to early October. - (NB: -and from mid/end November to January)
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Commented on The MasterCharts