Here is a Mindbender from Rambus
Late Friday Nite Chart
$TNX:GLD Ratio
Warning : Do not try to understand this while under the influence of ANYTHING !
Late Friday Nite Chart
$TNX:GLD Ratio
Warning : Do not try to understand this while under the influence of ANYTHING !
Based on what Rambus is saying in that post, I might place a short on GLD at 124.50 and see how that plays out. The time frame looks as though it might ascend to that level in the June/July timeframe which is right about the time gold could start its descent toward the final low into October.