Adam Hamilton
When Gold is in a recognized Bull Market, seasonality indicates that from the middle of June to the middle of September the rally is quite predictable. Not a straight line, not the largest in gains but is the longest in time.
The first two seasonal patterns did not appear this year. Could be that we are still in the “handle” and not considered in the Bull market since last August.
Good observations, Sir Columbia. I would suggest that since a cup and handle is a bullish formation, the handle is a corrective interlude within that pattern, so just a correction within an on going bull market and bullish pattern.