Chart Shows Gold is Outperforming S&P 500 Stocks
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
Featured is a chart that compares the price of gold to the S&P 500 index. Since December gold has outperformed stocks. The blue arrows point to breakout points where the trend moves up to the next level. The supporting indicators are positive. Corrections in the trend feature increasingly higher turnaround points. This is bullish for gold and bearish for stocks.