Hello traders!
Today we want to update our SP500 against GOLD , SPX / GOLD ratio chart, which we see it now breaking 2018 highs, clearly within an extended wave 5 of III, which means that we should be now aware of a pullback that can cause limited gains on SP500 , while GOLD may become supportive.
SP500 Broke 2018 Highs In Gold Price; Time For A Pullback?! by ew-forecast on TradingView.com
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