charts: Is GLD ready to move?

In the charts below there is the monthly SPY / GLD ratio and a monthly GLD chart.
Sometimes the SPY / GLD ratio chart gives a heads up to a move in GLD.

Certain indicators are not needed for this chart so they were blacked out.

Monthly SPY / GLD Ratio

Monthly GLD

As you can see from the SPY / GLD Ratio chart, it does give a heads up when to be Risk On GLD and Risk Off GLD. 
According to the top chart:
Risk Off SPY = Risk On GLD
Risk On SPY = Risk Off GLD

This is confirmed by the second chart of GLD.

Many are currently suggesting a potential multi year Gold breakout.
The SPY / GLD Ratio chart can  help spot this if and when it happens.

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This has been posted for Educational Purposes Only.   
Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results.