by Jordan Roy-Byrne, CMT
The Daily Gold
In recent weeks we’ve noted the positive developments in the gold stocks despite the sector being in a period of correction.
Last week we shared the idea that the next impulsive move in gold stocks might begin when the correction in the metals ends.
In this article, I’m going to share the one chart which I think will help us time that next move higher.
In recent years I have repeatedly noted the importance of the Gold against the S&P 500 ratio chart. It is going to be challenging to see Gold make a considerable move higher without it outperforming the stock market.