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Dow / gold price of gold or display super stock market performance

Dow / gold price of gold or display super stock market performance

Yif Yadao 2014-11-13 19:09:46


         Proportional relationship between the Dow and the price of gold can often show changes in trends in the market, the trend of gold and commodities are generally in the same direction, so that the ratio can be used as a reference configuration policies.





         When gold prices lower and stocks higher, the ratio peaked pattern formation. While the other two on the chart significant technical points shows that the trend in this ratio back into the Keltner Channel, and the environment of the oversold RSI condition. RSI on recent data from the 70% retracement level, which indicates that the gold price may exceed the performance of the next stock market performance.

Under the circumstance ,it is both a challenge and an oppotunity for the jewelry display and packing company . they should catch the oppotunity and make a reform .