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๐Ÿ”Ž Gold vs. S&P 500 Correlation and ๐Ÿ”ฎ Forecast

๐ŸŽฉ๐Ÿ”Ž Applying supply/demand and #CFTC analysis we can conclude that the banks ๐Ÿฆ are ๐ŸŸข buying #gold and ๐Ÿฆ are ๐Ÿ”ด selling the $SPY #ES_F. Recently they've enjoyed a somewhat positive correlation but that is about to turn negative.


The S&P 500 is contacting a massive selling are and currently reacting from it.

Gold reacted from an institutional demand zone and the banks have been buying ever since.


Gold vs S&P 500


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