Another relative value chart. Gold has underperformed the SP500 in a clear trend for the last 2 years. We are now testing that trendline (yellow line) and a break could signal a period of gold overperformance in the next few weeks. if we break we could see a move at least to the 55w ema that acted as support a few times last year. keeping and eye on the weekly close as technicals are not supportive of a big run higher if we do break.
注释
textbook break, retest and explosion higher. Caution warranted as it looks overdone.免责声明
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
