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Gold Now Entering Bullish Pre-Holiday Period

Published 11/24/2014, 12:29 AM
Updated 07/09/2023, 06:31 AM

From Stock Trader’s Almanac:

Gold prices tend to move up prior to the holidays, and the trend has worked especially well over the last 14 years. Seasonally speaking, it is best for traders to go long on or about November 19 and hold until about December 4…..

Gold Seasonality

What’s most interesting about this gold seasonality analysis is that 2012 and 2013 were such poor years for gold and greatly skewed the 39-year backtest which is still solidly profitable. Even during the putrid months of November and December 2013 gold experienced a little rally during the first couple weeks of December:

Gold Daily

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Latest comments

investment websites are full of blithering idiots like Humphreys -- guys who are obviously are non-traders yet insist on telling the rest of the world how to trade and invest. If they WERE real traders, they wouldn't be constantly volunteering idiotic advice on a regular basis because their monetary losses would get them to STFU. Humphreys is especially bad because he has been recommending gold the whole time it was collapsing and like a broken record is doing it again. That shows that not only did he not HIS OWN DISASTROUS ADVICE, he is shamelessly peddling it as if nothing ever happened. There is nothing worse than someone who f%cks up big but still refuses to learn from or change his tune one iota. I for one haven't forgotten his moronic misguidance and will continue to remind readers what a damn fool he is!
when was the last time you gave a call for shorting gold??? Surely you could have found one opportunity to take a short position in such a big fall in gold, no?. People heckle you on investing.com all the time but you still wake up day after day, find reasons for going long gold and then publish it on this site. Are you just one of those guys who gives calls to other people or you take positions on your calls too? You would have gone broke trusting your own articles a long time ago. Now stop embarrassing yourself and find something else to do, will you?
Here comes Tommy (the gold bull) Humphreys with his mindless blabber. There is a trading signal which I found to be very reliable. It is to start shorting gold whenever Tommy publishes another bullish gold article. His track record for being wrong is absolutely amazing. If you don't believe me read his previous bullish articles on gold. He is consistently wrong and will be wrong once again. Keep the faith though Tommy boy eventually you will be right. Granted you will have been wrong 50 plus times before that happens.
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