S&P/Gold Ratio at Key Retest Level

10 בדצמ׳ 2019

This is the chart of S&P Futures priced in #Gold. There are a couple ways to draw this channel (one where the channel hasn't broken), but I favor this interpretation where support turned to resistance.

I am watching closely to see how this resolves. The Fed announcement tomorrow should bring a clear near-term direction. GC GLD SPX SPY #SPX