GOLD/OIL ratio: Oil to gain against the yellow metal.

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GOLD/OIL ratio: Oil to gain against the yellow metal.XAUUSD/USOILOANDA:XAUUSD/TVC:USOILTheCryptagonThis is the Gold-to-Oil ratio (XAUUSD/USOIL). In the 18 years it has been trading inside a Channel Up. The U.S.-Iran war saw the price massively rejected on its top and every time that happened, the 1month MA200 was tested. That means that, at least for the next 12 months, WTI is favored against Gold, which is expected to lose its value relative to Oil. Follow us, like the idea and leave a comment below!!