Snoopy-Typing-Away-1-CVV14J0D95-1024x768

gold-monthly

I was interested in this chart because of the MACD divergence. However, the Gold/Oil ratio suggests that gold does indeed have to fall lower to return to the 10yr ratio.

In the short term…say next 3mths, I think gold has a potentially trade-able bottom and is due for a bit of a bounce.

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