DOW-TO-GOLD RATIO

The Long-Term Trend (Monthly values) is decreasing (favorable to Gold), but it is slowing down as the negative momentum is weakening. Closing Value (May 31): 2.13.
The Medium-Term Trend (Weekly values) is positive (favorable to S&P500), gaining positive momentum. Closing Value (June 2): 2.20.
The Short-Term Trend (Daily values) is moving sideways, and the positive move during the last day needs to be confirmed. Closing Value (June 2): 2.20.