However according to Eresearch we should buy gold now. Ie
From
https://eresearch.com/2021/06/25/eresearch-reports/chart-of-the-day/is-now-a-suitable-entry-point-to-buy-gold-or-a-gold-stock/ “Borrowing from our monthly Seasonality Trends report, gold shows technical strength at the following times during the year:
- December 15 to February 24;
- April 1 to May 31; and
- July 27 to September 22 “
We’ll see ??????????
But last year KL and all stocks peeked at the beginning of August
and was downhill till after new years and February 2021.
Because everything was working with the shut down and upcoming
vaccines.
Except for now of course. So should gold go up longer than just the
beginning of August like last year? I think so, unless there is a crash
for a couple of months. China says yes, Mannarino from my previous
post says no??? Which is it??????
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=CA%3AKL&insttype=Stock&freq=2&show=&time=10 