Gold and crude diverging more in 2016 $GC $CL

I’m thinking out loud and sharing it with you; a quick look at crude oil futures vs gold futures.

Notice how gold mostly traded sideways until crude dropped to extremely low levels before it showed signs of life. I think this rally will be short-lived.

Thanks for reading !

Dave

Crude Oil Futures vs Gold Futures – 1 year 

Crude & Gold Comparison Chart

Crude & Gold Comparison Chart

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