Monthly Forex Seasonality – November 2022: Stocks Rally, US Dollar Ranges, Gold Falls

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November typically sees a more neutral environment for the USD. November has been a bad month for gold prices over the past 5- and 10-year periods. If there was ever a time for US stocks to bottom, seasonally speaking, it would be in November.

/USD, from a seasonality perspective. Over the past 5-years, it has been the third best month of the year for the pair, averaging a gain of +1.32%. Over the past 10-years, it has been the sixth worth month of the year, averaging a gain of +0.15%., from a seasonality perspective. Over the past 5-years, it has been the third best month of the year for the pair, averaging a gain of +0.55%. Over the past 10-years, it has been the second best month of the year, averaging a gain of +0.77%.

33%. Over the past 10-years, it has been the fifth best month of the year, averaging a gain of +0.52%., from a seasonality perspective. Over the past 5-years, it has been the second best month of the year for the index, averaging a gain of +3.58%. Over the past 10-years, it has been the best month of the year, averaging a gain of +2.69%.November is a very bearish month for gold , from a seasonality perspective.

 

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There’s an 8.33% chance of it happening in any month on the calendar

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