DOW-TO-GOLD RATIO

The Long-Term Trend (Monthly values) is decreasing (favorable to Gold), but it is slowing down, with weakening negative momentum. Closing Value (July 31): 13.41.
The Medium-Term Trend (Weekly values) is increasing at a slow pace, with weak positive momentum. Closing Value (August 22): 13.54.
The Short-Term Trend (Daily values) is increasing (favorable to DJIA), with weakening positive momentum. Closing Value (August 22): 13.54.