The chart demonstrates that we are entering a market where Gold will outperform the Dow by considerable margin. The NMACD on the bottom is a normalized MACD to remove bullish bias, showing that when above zero on the long term chart, gold outperforms the dow.
Everyone and their dog knows gold is bullish, this chart just puts it into perspective.
Everyone and their dog knows gold is bullish, this chart just puts it into perspective.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.