AdrianRaymondFX
Long

DAX / Gold arbitrage opportunity in 2015

A long-term analysis of the DAX             / Gold             ratio shows a likely continuation of the rally in European stock markets and/or fall in gold             prices in the coming months if this ratio breaks its multi-year trendline resistance (red line). Since the beginning of 2014, this ratio has been printing a series of lower highs ans lower lows, but we may see a new leg higher next year so long as the October lows hold. Given that gold's ( XAUUSD             ) support broke this past week, it seems likely that this ratio will push higher for the rest of the year. So long-term investors and traders alike can look for a break above the 11 handle on this ratio to maintain a constructive stance on the DAX index             next year / bearish biais on Gold             .

***Gold is quoted in EUR here (i.e. XAUEUR)
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out