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Why Gold and the XAU Are Outperforming the Dow Jones
In the past month, the Dow Jones made four BEV Zeros (0.0% = new all-time highs) in its BEV chart below, with two of them this week. This week’s BEV Zeros were the 58th and 59th since the Dow Jones entered into scoring position (began trading within the Red Rectangle), in November 2023. In a Bear’s Eye View chart, where dollar advances and declines are converted into percentage declines from new all-time highs, this is what a twenty-two-month, bull market advance looks like. Looking at the Dow Jones advance since November 2023 in dollars below (Red Square), just eyeballing it, the Dow Jones has advanced from ... (full story)
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- Sep 16, 2025 5:44pm Posted byTechnical Analysis212
