Gold is entering a seasonally strong period.  The chart below shows the
predicted turning points based on the past five years of historical
data. 

 

 

History does not typically repeat itself, exactly; but it often
rhymes.  So, it makes sense to keep seasonal tendencies in mind.  With
that said, some things potentially different this year include that this
is an election year and world governments are coordinating central bank
stimulus actions.

However, the chart below should serve as a reminder that there a lot other markets worth trading too.  For starters, Corn is up 34.3% so far this year.

The chart shows the top-ten performing markets, ranked by yearly
performance, for the past few years.   The data is color coded based on
sector. The first column posts the current year's open performance
followed by six columns of closed yearly market performance.

 

 
Note how much diversification there has been in the top-ten throughout the years.  Click the chart to see an expanded version of this data (showing 40 global futures markets).

That is the funny thing about markets … something is always working.  The trick is finding it while it's working.