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"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Wednesday, March 9, 2011
Au-GYX Ratio
Gold in relation to positively correlated industrial metals will signal oncoming contraction if this chart continues upward. Resistance is over head and bulls absolutely need this to hold.
