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Technical analysis by StockMarketCycles about Symbol PAXG: Buy recommendation (1/29/2024)

https://sahmeto.com/message/924174
StockMarketCycles
StockMarketCycles
Rank: 21924
1.3

Gold to Natural Gas ratio cycles suggest upcoming low in Nat Gas

:Buy
Price at Publish Time:
$2,009.91
Buy،Technical،StockMarketCycles

Main tops in the Gold-to-NatGas ratio indicate low in the underlying commodity and vise versa. I am sharing weekly 218wk cycle and the daily 255d cycle. Both form a cycles-within-cycles alignment in regards to time. The cycles-top in the ratio suggest an upcoming key low in the raw US gas prices. (this analysis results in long on nat gas, not gold!)

Source Message: TradingView
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