Time for a break for gold

Gold has been kind to seasonal traders this year. The January-February period is the best time of year, historically, for gold. That proved true in 2017 as it gained 9% in the first two months of the year to lead all commodities and most assets.

Unfortunately, the seasonals turn in March. It's the worst month for gold since 2000 and the second-worst over the past 10 years. In that period, it's only risen twice and not since 2013.