Comments on the chart.
This is plot of the ratio of GOLD (XAUUSD) divided by TLT (US Gov't Treasury Bonds - 20 Year Duration).
The downward regression appears to be no longer in charge of the decline.
How far up could it go from here? Time will tell. Maybe 10% after 3% setbacks along the way, is my guess.
Tim
April 28, 2015 9.51 Ratio of XAUUSD/TLT
This is plot of the ratio of GOLD (XAUUSD) divided by TLT (US Gov't Treasury Bonds - 20 Year Duration).
The downward regression appears to be no longer in charge of the decline.
How far up could it go from here? Time will tell. Maybe 10% after 3% setbacks along the way, is my guess.
Tim
April 28, 2015 9.51 Ratio of XAUUSD/TLT
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