Gold vs Bonds Ratio suggesting a higher move for Gold

Gold is all set for a higher move upwards after the minor correction. It stopped somewhere near the 50% Fibonacci level and is now heading towards making all time highs.

What makes us more confident about this move? See the ratio of Gold vs Bonds. It has broken out of overhead resistances and is now trading in open territory. This is definitely positive for Gold and we should see some good moves in the coming weeks.

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