Check historical price trends and seasonality for Micro Gold Futures (COMEX) (MGC=F).
Micro Gold Futures (COMEX) (MGC=F) average YTD return over the past 10 years is +16.51%.
Over the past 10 years, the return for the specified period (Feb 16 for 30 days) is +1.80%.
4 wins 3 losses with a win rate of 57.14%.
1) Overview:
Micro Gold Futures (MGC=F) tend to experience a bullish trend throughout the year, starting with a gradual climb in January and February, reaching +4.3% by February 22. The bullish trend continues through March and April, peaking around April 13 at +9.5%. After a period of consolidation, the price increases again from July, reaching +13.3% by September 3, and then peaking at +16.7% on December 28, followed by +16.5% on December 31.
2) Buy-the-dip points:
Potential buying opportunities may arise during pullbacks in late February, around February 28 (+3.2%), and again in mid-March, around March 15 (+4.2%). Another potential dip occurs in late April, around April 25 (+8.3%). A further buying opportunity may be found in late November, around November 25 (+13.1%). These pullbacks could be attributed to profit-taking after periods of strong gains, presenting opportunities to enter positions before the next upward trend.
3) Summary:
Seasonally, Micro Gold Futures tend to perform well, especially towards the end of the year. A potential strategy involves establishing positions during the pullback periods in late February, mid-March, late April, and late November, aiming to capitalize on the strong upward momentum typically seen towards December 28 and December 31. However, it's crucial to consider other market factors and risk management strategies alongside these seasonal tendencies.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-02-16 | 2,011.5000 | 2024-03-16 | 2,161.5000 | 150.0000 | 7.46 |
| 2023 | 2023-02-16 | 1,842.0000 | 2023-03-17 | 1,973.5000 | 131.5000 | 7.14 |
| 2022 | 2022-02-16 | 1,870.2000 | 2022-03-17 | 1,943.2000 | 73.0000 | 3.90 |
| 2021 | 2021-02-16 | 1,797.2000 | 2021-03-17 | 1,727.1000 | -70.1000 | -3.90 |
| 2018 | 2018-02-16 | 1,353.2000 | 2018-03-17 | 1,312.3000 | -40.9000 | -3.02 |
| 2017 | 2017-02-16 | 1,240.0000 | 2017-03-17 | 1,230.2000 | -9.8000 | -0.79 |
| 2016 | 2016-02-16 | 1,207.9000 | 2016-03-16 | 1,229.8000 | 21.9000 | 1.81 |
| Avg | 1,617.4286 | 1,653.9429 | 36.51 | 1.80 |
| Day \ Month | Jan Total +2.60% | Feb Total +0.58% | Mar Total +2.79% | Apr Total +2.58% | May Total -0.03% | Jun Total +0.54% | Jul Total +1.68% | Aug Total +1.22% | Sep Total -0.77% | Oct Total +1.81% | Nov Total -0.58% | Dec Total +2.87% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.13% | 0.00% | +0.21% | +0.33% | -0.17% | -0.46% | -0.02% | -0.03% | +0.07% | 0.00% | +0.38% | +0.43% | +0.80% |
| 2 Avg +0.11% | +0.22% | -0.25% | +0.20% | +0.64% | -0.09% | +0.26% | +0.13% | +0.19% | +0.17% | -0.10% | +0.18% | -0.24% |
| 3 Avg +0.14% | +0.10% | -0.12% | +0.62% | +0.09% | +0.27% | -0.04% | +0.11% | -0.19% | +0.36% | +0.26% | -0.20% | +0.47% |
| 4 Avg +0.07% | +0.58% | -0.19% | +0.28% | -0.04% | -0.21% | +0.20% | +0.01% | +0.42% | -0.12% | -0.18% | +0.24% | -0.17% |
| 5 Avg +0.04% | +0.17% | +0.18% | +0.18% | +0.06% | +0.13% | -0.07% | -0.04% | -0.08% | +0.02% | -0.04% | +0.30% | -0.38% |
| 6 Avg +0.07% | -0.14% | +0.06% | +0.23% | +0.33% | +0.68% | +0.21% | -0.08% | -0.20% | -0.05% | +0.09% | -0.19% | -0.07% |
| 7 Avg -0.01% | +0.35% | +0.10% | -0.25% | -0.06% | +0.20% | -0.30% | +0.08% | +0.08% | -0.10% | -0.17% | -0.29% | +0.29% |
| 8 Avg +0.01% | -0.69% | +0.61% | +0.20% | +0.33% | -0.32% | +0.25% | -0.18% | +0.20% | -0.01% | -0.07% | +0.12% | -0.26% |
| 9 Avg +0.04% | +0.17% | -0.08% | -0.01% | +0.78% | -0.17% | +0.13% | +0.03% | -0.01% | +0.11% | +0.16% | -0.55% | -0.13% |
| 10 Avg +0.15% | +0.11% | +0.18% | +0.23% | +0.21% | +0.16% | 0.00% | +0.13% | +0.22% | -0.04% | +0.01% | +0.41% | +0.14% |
| 11 Avg +0.07% | +0.28% | +0.27% | -0.26% | +0.64% | 0.00% | +0.04% | +0.13% | -0.60% | -0.15% | +0.47% | -0.24% | +0.30% |
| 12 Avg +0.00% | +0.30% | -0.01% | -0.32% | +0.05% | -0.53% | +0.25% | -0.01% | +0.17% | +0.20% | -0.03% | +0.21% | -0.24% |
| 13 Avg +0.12% | -0.06% | -0.12% | +0.17% | +0.36% | +0.02% | -0.14% | +0.17% | +0.13% | -0.15% | +0.76% | +0.10% | +0.23% |
| 14 Avg -0.09% | -0.18% | +0.24% | -0.42% | -0.47% | +0.05% | +0.14% | -0.10% | -0.22% | +0.07% | 0.00% | -0.35% | +0.12% |
| 15 Avg -0.09% | +0.21% | -0.02% | -0.15% | +0.13% | +0.19% | -0.44% | -0.05% | -0.23% | -0.17% | -0.04% | -0.04% | -0.47% |
| 16 Avg +0.08% | +0.05% | -0.14% | -0.17% | +0.39% | -0.29% | +0.24% | +0.05% | +0.22% | -0.13% | +0.31% | +0.12% | +0.33% |
| 17 Avg +0.05% | +0.02% | +0.02% | +1.01% | -0.33% | +0.38% | -0.67% | -0.02% | +0.12% | -0.16% | -0.17% | +0.03% | +0.36% |
| 18 Avg +0.04% | -0.13% | +0.40% | -0.32% | +0.22% | -0.32% | +0.10% | +0.31% | +0.08% | -0.10% | +0.21% | -0.05% | +0.03% |
| 19 Avg +0.04% | +0.30% | +0.22% | +0.12% | -0.14% | +0.39% | +0.02% | -0.28% | -0.46% | +0.14% | +0.10% | +0.02% | +0.02% |
| 20 Avg +0.17% | +0.35% | +0.05% | +0.05% | +0.09% | +0.29% | +0.20% | -0.07% | +0.12% | +0.35% | +0.45% | -0.14% | +0.31% |
| 21 Avg -0.06% | -0.11% | -0.04% | -0.04% | +0.07% | -0.20% | -0.24% | +0.46% | +0.10% | -0.44% | -0.39% | +0.20% | -0.12% |
| 22 Avg 0.00% | -0.07% | +0.03% | +0.01% | -0.27% | -0.06% | -0.06% | +0.24% | -0.15% | +0.36% | -0.11% | -0.09% | +0.11% |
| 23 Avg +0.09% | +0.18% | +0.26% | +0.76% | -0.52% | +0.01% | +0.15% | -0.05% | +0.60% | -0.31% | +0.22% | -0.49% | +0.25% |
| 24 Avg +0.18% | +0.21% | +0.38% | +0.68% | +0.17% | -0.02% | +0.41% | -0.01% | 0.00% | +0.10% | 0.00% | -0.09% | +0.27% |
| 25 Avg -0.15% | +0.27% | -0.64% | -0.06% | -0.37% | -0.16% | -0.05% | -0.47% | -0.15% | -0.14% | +0.25% | -0.32% | +0.05% |
| 26 Avg -0.03% | -0.22% | -0.44% | +0.12% | +0.07% | -0.08% | -0.15% | +0.10% | +0.14% | -0.16% | -0.09% | +0.10% | +0.29% |
| 27 Avg -0.09% | -0.40% | -0.05% | -0.19% | +0.05% | -0.23% | -0.06% | +0.17% | +0.20% | -0.60% | -0.19% | -0.08% | +0.36% |
| 28 Avg +0.07% | +0.01% | -0.53% | -0.07% | +0.30% | +0.08% | -0.04% | +0.36% | +0.43% | +0.18% | -0.32% | +0.38% | +0.11% |
| 29 Avg +0.10% | +0.07% | - | -0.16% | +0.36% | +0.13% | +0.09% | +0.45% | +0.33% | +0.06% | -0.10% | +0.09% | -0.23% |
| 30 Avg -0.02% | +0.28% | - | -0.15% | -0.39% | +0.01% | +0.14% | -0.08% | -0.31% | -0.08% | +0.49% | -0.39% | +0.25% |
| 31 Avg +0.08% | +0.36% | - | +0.16% | - | +0.12% | - | +0.22% | -0.01% | - | -0.36% | - | +0.09% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
