It is time to consider being LONG Gold Miners / SHORT Gold.
The chart speaks for itself. The ratio is not at absolute low however below the low of 2008 and within the low area
There is a 4 years cycle 2008-12-16-20-24 alternating low and high. Final low is expected this year.
After which the ratio will rise up until 2028.
Should 24 be challenged (supported by rising Gold prices), then P&F chart theory suggests that the bullish trend will target 48
It can be observed that EURUSD follows the same 4 year cycle. Therefore we are bullish on the European Currency.
The chart speaks for itself. The ratio is not at absolute low however below the low of 2008 and within the low area
There is a 4 years cycle 2008-12-16-20-24 alternating low and high. Final low is expected this year.
After which the ratio will rise up until 2028.
Should 24 be challenged (supported by rising Gold prices), then P&F chart theory suggests that the bullish trend will target 48
It can be observed that EURUSD follows the same 4 year cycle. Therefore we are bullish on the European Currency.