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 !


Crude Oil Futures vs Gold Futures – 1 year 

Crude & Gold Comparison Chart

Crude & Gold Comparison Chart

Leave a Reply

Time limit is exhausted. Please reload CAPTCHA.