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SPX / SPOT GOLD Ratio may be at a TOP
S&P 500 Index
SPX / SPOT GOLD Ratio may be at a TOP
By AwesomeAvani
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Aug 13, 2022
6
Aug 13, 2022
SPX
With the ration at a top as suggested by looking to the left and the RSI pivot
indicator, a strategy might be to exit stocks and buy spot gold.
An alternative view is that they both might be about to downtrend
but that gold will downtrend slower causing the ratio to drop.
Please comment as to your opinion. Thanks !
Bearish Patterns
Chart Patterns
Gold
Technical Indicators
QQQ
Silver
SPX (S&P 500 Index)
SPDR S&P 500 ETF (SPY)
spyshort
Trend Analysis
XAG USD ( Silver / US Dollar)
XAUUSD
AwesomeAvani
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