Not golden
With stocks ramping early yet again, gold is getting hammered. It's suffered enough lately that its 50-day moving average is on the cusp of crossing below the 200-day average.

This would end one of its longest-ever positive streaks.

The ends of other 2+ year streaks with the 50-day above the 200-day led to mixed returns.

If we relax it to the first cross in a year, then returns had a negative bias.

It wasn't great for stocks, either.

