Monthly charts used along with futures data
It can be clearly seen that severe underperformance can be seen in Nasdaq compared to Gold and if charts to be believed it will last for a long time
For trading it can be used as Short Nasdaq and Long Gold or simply Long Gold and Exit Nasdaq
There are many charts of various indices and stocks which is under pressure from GOLD. Due to limitations posted a few.
Charts need few more confirmation. Trade on Your due diligence