A Quick Note
posted Aug 21, 2006 at 11:38AM
Just a quick comment to note that the gold sector is getting off to a nice start which to me should bode well for the rest of the week. One thing I forgot to include on the weekend was the Gold Seasonal Chart.
As you can see we are at the cusp of entering what is traditionally a strong seasonal period for bullion. Now seasonality is not the end all and be all, but it is one more item that gives longs their "fair advantage".