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Identifying trend changes of the Dow-to-Gold Ratio using the MACD Indicator
DJIA-TO-GOLD RATIO CHARTS
The Long-Term Trend (Monthly values) shows signs of starting to move sideways, with weakening negative momentum. Closing Value (November 29): 16.95.
The Medium-Term Trend (Weekly values) did not confirm the return to a positive (favorable to DJIA) evolution, and started to move sideways, with weakening positive momentum. Closing Value (December 13): 16.35.
The Short-Term Trend (Daily values) is decreasing (favorable to Gold), with weakening negative momentum. Closing Value (December 13): 16.35.
Monthly values November 2024 (long-term trend)
DJIA-to-Gold Ratio & Moving Averages
MACD & Signal Line
Histogram
Weekly values December 13, 2024 (mid-term trend)
DJIA-to-Gold Ratio & Moving Averages
MACD & Signal Line
Histogram
Daily values December 13, 2024 (short-term trend)
DJIA-to-Gold Ratio & Moving Averages
MACD & Signal Line
Histogram