Daily Charts - Gold vs Stocks
1.Gold vs Stocks
The gold $Gold - main 2508(GCmain)$ vs stocks $S&P 500(.SPX)$ ratio made a short-term peak just as it hit that long-term downtrend line ---the question from here is whether it goes all the way down to the support (green uptrend) line or makes a break...
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2.Stocks are trading more or less in line with how they usually do during a short/small Fed rate cutting cycle
But wait until you see bonds...
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3.Bond yields are also on-track.
Higher-For-Longer for longer?
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