The Gold Silver ratio (XAU / XAG) = ~49.85, Dow / Gold = ~15.94, Gold / Oil (Light Sweet Crude) = ~9.92. Here are Spot Gold (XAU) and Spot Silver (XAG) intraday charts annotated with moving averages, trend lines and Bollinger bands.
Related :
- Global Gold Hedge Book Q1 2006
- Gold, Silver, Metals Mining Exploration & Political Risk reports
- Crude Oil Futures (NYMEX: CL) ,USO (oil ETF) Charts
1 comment:
Hi real1,
You remarked in Bill Cara's blog that the current correction in gold may be a good buying opportunity.
If I read yr gold chart correctly, the trendline support is at the $670 level.
So, gold at around $670-680 could be an entry point.
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