Can we expect gold buyers from December 16 and beyond?

Gold is starting to now enter its strong time of the year. From December 16 through to February 24 gold has risen 8 times out of the last 10 years. The largest gain was in 2015 with a +16.23% profit. The largest loss was in 2012 with a -6.46% loss. The annualised rate of return is +39.73% for this period. So, with an 80% win rate, the end of next week could be a great time to start buying gold. Mark it in your diary!

Trade Risks:

• The main risk to this trade is a lack of perceived action by the Fed at their next rate meeting on December 16.
• Dollar strength will also invalidate this outlook.