{"id":540843,"date":"2022-05-24T14:12:08","date_gmt":"2022-05-24T18:12:08","guid":{"rendered":"https:\/\/goldtadise.com\/?p=540843"},"modified":"2022-05-24T14:12:08","modified_gmt":"2022-05-24T18:12:08","slug":"sir-north-following-up-on-your-gdx-versus-spx-chart","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=540843","title":{"rendered":"Sir North, following up on your GDX versus SPX chart"},"content":{"rendered":"<p>This is confirmed, for gold versus SPX, as per our old Tenter, Patrick.<\/p>\n<p>I have learned a lot from him.<\/p>\n<p>Watching these rates of changes, also (same as or different) from Michael Oliver&#8217;s Momentum indicators, is really helpful. We can keep watching backtest of just the price, and then price fakeout to break the support, but such changes in momentum are not achieved easily, once they have turned.<\/p>\n<p>Let&#8217;s see, how we close out the month of May 2022.<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Confirmed 7 year rate of change breakout for <a href=\"https:\/\/twitter.com\/hashtag\/gold?src=hash&amp;ref_src=twsrc%5Etfw\">#gold<\/a> vs <a href=\"https:\/\/twitter.com\/search?q=%24spx&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$spx<\/a>.<\/p>\n<p>Last time we got similar signal, <a href=\"https:\/\/twitter.com\/hashtag\/silver?src=hash&amp;ref_src=twsrc%5Etfw\">#silver<\/a> ran 10x from 5$ to 50$.<\/p>\n<p>Silver now sub 22$.<a href=\"https:\/\/twitter.com\/hashtag\/xauusd?src=hash&amp;ref_src=twsrc%5Etfw\">#xauusd<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/xagusd?src=hash&amp;ref_src=twsrc%5Etfw\">#xagusd<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/inflation?src=hash&amp;ref_src=twsrc%5Etfw\">#inflation<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/spx?src=hash&amp;ref_src=twsrc%5Etfw\">#spx<\/a> <a href=\"https:\/\/t.co\/pfba3umP2K\">pic.twitter.com\/pfba3umP2K<\/a><\/p>\n<p>&mdash; Patrick Karim (@badcharts1) <a href=\"https:\/\/twitter.com\/badcharts1\/status\/1528741911288287232?ref_src=twsrc%5Etfw\">May 23, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>My best regards.<\/p>\n<p>GL<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is confirmed, for gold versus SPX, as per our old Tenter, Patrick. I have learned a lot from him. Watching these rates of changes, also (same as or different) from Michael Oliver&#8217;s Momentum indicators, is really helpful. We can &hellip; <a href=\"https:\/\/goldtadise.com\/?p=540843\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2882,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-540843","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/540843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2882"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=540843"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/540843\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=540843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=540843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=540843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}