The InternationalSkool of Forecasting

See how gold usually moves in November, and where this month stands against it

Every same month on record is averaged into one path. Pick any other month or year to set against it.

Gold seasonality GC=F
Indexed to 100 on the first trading day
Hover over the chart
Price – Natural Cycle – Average –
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Lines

Every November in the record

Average path, start to end
+1.03%
Average path low
Day 27
Average path high
Day 24
Best November
+12.52% in 2008
Worst November
−8.99% in 2016

See every November year by year

Each month is indexed to 100 at the close of its first trading day. Prices are the daily closes of COMEX gold futures (GC=F). The Natural Cycle is our own model. Education, not financial advice.

A reading of 102 on day 15 means gold is 2% above where the month began

The bars are this month’s gold futures, green on an up day and oxblood on a down day. The grey dashed line is the average path of the same calendar month on record, and the gold line is our Natural Cycle model. Hover over the chart, or tap it on a phone, and the bar above it gives all three values for that day.

The record starts at the end of August 2000, where the daily closes of COMEX gold futures begin in the data behind this chart. Once a month has bars, the two lines are stretched to them so their turns line up with the price. The Invert buttons flip a line upside down, for months when gold runs against its usual path.

We published a gold target of $1,621 before 2022 began, and gold’s low that September was $1,620.32

The 2022 Market Forecast went out in late 2021 and named $1,621 as gold’s bear-cycle target. Gold made its 2022 low of $1,620.32 in September, 68 cents from the level. Set the tool to September 2022 to see that month. The 2022 case file has the full record.

You see one month here. Forecaster members see gold’s curve for all twelve

The gold line on this chart is our Natural Cycle model. The Forecaster gives you the full-year curve for gold, the Dow, the S&P 500 and the Nasdaq, drawn for every day of every month, with a monthly edition that checks each curve against the market.

AUD $1,397a year, open until 31 Marcha year, opens on 1 November

After gold’s seasons comes Mercury retrograde, tested against the stock market in our next free tool

A Gann calculator, an 18-year property clock and a Moon-phases study follow. Leave your email and each reaches you the day it opens.