jangseohee

Bond vs Gold, purely technical

TLT/GLD  
TLT/GLD  
19 0 2
Building on what Tim West has posted earlier on, regarding the deflation/inflation explanatory note and comprehensive daily chart , i am interested to just have pure technical view of what monthly chart is install.

Hence, the ratio seems to have just closed EXACTLY at the 50% retracement at 1.06, i believe there are still some bullish strength left for the ratio to test current channel top or even break out to test the 1.17 ratio which is the 61.8 level.
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