Some really important charts to interpreting the macro…
Sorry sports fans, but gold has still not established a daily up trend vs. the US stock market. Not yet.
Gold vs. European stocks is bouncing as well, but not yet proven to be more than a bounce.
Gold vs. Commodities is very constructive and is a rare macro signal from 2014 that made sense.
Gold vs. Oil is going impulsive and is a really positive thing for gold miners.
Gold-Base metals is breaking above the MA 200.
Gold in Euros… good.
Gold in Yen… fair, but is very constructive by a weekly chart we have been updating in NFTRH.
Gold vs. Uncle Buck… nowhere yet.
I feel like I am getting my geek on and I have to say I like it. This is going to be an interesting year.