How to use the Seasonax tool to choose a great time for a seasonal trade in gold? You may have heard that gold tends to be strong around the end of the year. However, Seasonax powered by HCYM lets you identify a strong seasonal pattern.

You can look for seasonal opportunities by choosing which date you start. First of all, let’s use the de-trend button to make it easier to recognise true seasonal patterns. Look at what visually looks promising. Let’s look at 22 Dec – 24 Feb.

We now see that over the last 15 years gold has gained over 85% of the time and made a 6.92% return on average.

Major Trade Risks: If the USD strengthens and real yields rise that could weaken gold. So an aggressive expectation for US rate hikes could invalidate this outlook.

HYCM clients can access the Seasonax product in order to analyse over 25,000 currency pairs, indices, commodities, as well as individual stocks. Please contact your account manager for a free trial and get started right away.