34 Year Gold Seasonal Chart

In case you have not seen it before, here again is the Gold price 34 year seasonal price chart.  A very timely chart right now as we are into the first week of August.  Sometimes it is easy to forget that the gold price can move very fast seemingly out of nowhere.

September is really the major kick off month for gold.  I should say that I will maybe be a bit surprised if we do not see the gold price show some fireworks in September of October of this year.  The price structure looks ripe for a jump higher during those months now that gold has bounced off of its longer term up trend line.

goldseasonal20100807

Source: www.mrci.com

Posted in Gold Market
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