InterGOLD Reveals 20-Year Gold Price Statistics, Highlights 'New Accumulation Point' After Chinese New Year - Lanta News
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InterGOLD Reveals 20-Year Gold Price Statistics, Highlights 'New Accumulation Point' After Chinese New Year

InterGOLD Reveals 20-Year Gold Price Statistics, Highlights 'New Accumulation Point' After Chinese New Year
InterGOLD revealed a 20-year statistical analysis (2006-2025) showing gold prices surge during Chinese New Year due to the 'January Effect'. Entering the market 2-4 weeks in advance has a 70% profit probability. Sethawat Buddhitip, head of trading and business development at InterGOLD Gold Trade, explained that early 2024 gold prices are moving significantly upward. The company's data backtest showed the strongest 'January Effect' occurs 2-4 weeks before Chinese New Year, with an expected return of 1.88% - 2.76%. For investors, the recommendations include: those with gold should gradually take profits near resistance levels during celebrations, while those without gold should wait for a new accumulation opportunity after market cooling, potentially in late Q1 or Q2. The key is understanding market timing rather than fear of missing out.