Every Time This Ratio Hit 5, Tech TripledNDX/GOLDNASDAQ_DLY:NDX/TVC:GOLDHenriqueCentieiroThe Nasdaq-100/Gold ratio just crashed to 5 for the fourth time in six years. NDX / XAUUSD Let's look at what happened the previous three times: March 2020 (Covid crash): Tech rallied hard Post-Covid inflation scare: Tech rallied hard April 2025 (Trump Tariff crisis): Tech rallied hard Now, the US-Iran conflict has created the FOURTH dip to these levels. The pattern is clear: these extreme fear moments have consistently marked the best tech buying opportunities of the decade. When this ratio hits 5, fear is maxed out and smart money steps in.