Do you think gold will play horizontally all summer? Will it spike? Or...crash lower? My assumption was that we'll see a (traditional) dip in May-June. It may or may not happen. I can also imagine it playing horizontally all summer. And we'll all grow more grey hairs :lol:
i think it will play in a cyclic manner. may go up, may go down either way it will prob return back to this price sometime in the future.
Source: http://www.equityclock.com/charts/gold-futures-gc-seasonal-chart/ "The above chart represents the seasonality for Gold Futures (GC) Continuous Contract for the past 20 years."