GOLD - The rally in September has been consistent with seasonalities
GOLD $Gold - main 2412(GCmain)$ - The rally in September has been consistent with seasonalities and with Democrat presidencies.
If the seasonality repeats, a deeper pullback for Gold may be on the horizon.
$SPDR S&P 500 ETF Trust(SPY)$ $VanEck Gold Miners ETF(GDX)$ $DJIA(.DJI)$ $iShares Russell 2000 ETF(IWM)$ $Cboe Volatility Index(VIX)$ $Vanguard Total Stock Market ETF(VTI)$
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Elaborating on $S&P 500(.SPX)$ and the NFP. The Non Farm Payrolls have driven more the SP500 than any other macro indicator, including CPI.
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https://twitter.com/SmartReversals/status/1840856499419300244
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