Plucky Gold Sector
A few relevant charts to the still-bouncing gold sector…
HUI-Gold ratio holds above the SMA and EMA 50’s.
The 10yr-2yr spread is above the MA 50’s.
Gold vs. Stock Market still has much work to do.
Gold-10yr Note still has much work to do.
The Swiss Franc, which is correlating pretty well to gold on long-term charts now that it is free again, is constructive above the MA 50’s.
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