RobertSoos

S&P 500 vs. GOLD - unsustainable correlation?

FX:SPX500   S&P 500 index of US listed shares
The two instruments are very different in nature, XAUUSD             (g o l d) bullishness was explained this year by negative investment sentiment. Hovewer markets turned risk on since mid Feb' and gold             still rises. Either stockmarkets or g o l d investors will have to suffer losses in the near future, especially as both are at technical resistances.
gold is moving higher
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