Gold Now Entering Bullish Pre-Holiday Period
Tommy Humphreys | Nov 24, 2014 12:29AM ET
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…..
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:
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