The flow of money in the market
The flow of money in the market
COMEX:GC1!
This chart shows the flow of money between 2 assets: and .
The current perception in the market right now is that is being used as a store of value. This narrative is backed by the chart showing that both compete for the same position in the market.
Outside of general correlation, I suggest that is being used as a vehicle to accumulate more . Supported by the downtrend of printing lower highs while prints higher highs.
If that trend continues, we can use that correlation to predict cycles and moves.