Where will gold trade this summer? Dip/spike/horizontal?

[TreasureHunter]

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:

 

[rachelmcquire]

I really think and hope it's going to go up these summers. Looking forward towards it.

 

[whinfell]

Spammer in the making, I reckon

 

[kezza26]

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.

 

[-j-p-shmorgan]

$14 silver by Oct/Nov before it slingshots the other direction.

 

[Eureka Moments]

1st day of summer had all 3.

 

[TreasureHunter]

So far, June started with the same frustrating horizontal oscillation

 

[Oldsoul]

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."