Rambus picked up on this Gold:TLT Ratio Chart which Tracks Gold almost perfectly

He is watching this ratio like a hawk

When Gold is Outperforming Bonds This ratio is rising

and so is Gold itself

Looks like bottoming Action

GOLDTLT

Plunger would call this Weinstien Stage 1 action

Very close to a breakout after todays action

Gold and Bonds are both considered safe haven trades

Both have been rising BUT Gold is rising slightly faster than Bonds

IF this thing breaks out…That would be very supportive for PMs !