SLR Chart, page-242

Nice simple chart that a 5yr old could read from across the room - hence its value.
Looks like a re-test of the recent high is imminent ..... POG permitting of course. Hence, a useful overlay would be to add the A$ gold price.
An old maxim is that the commodity price leads .... look back at the uranium and nickel booms to see how the commodity price acted like a MA.
The market bases stock pricing mostly on estimates of future earnings .... the big end of town appears to expect the POG to strengthen (??)
https://www.zerohedge.com/markets/got-gold-david-rosenberg-warns-were-going-have-helicopter-money?utm_campaign=&utm_content=ZeroHedge%3A+The+Durden+Dispatch&utm_medium=email&utm_source=zh_newsletter