Flight to Safety - Gold vs US Stocks

After the formation of a solid "Inverse Head and Shoulders", the price ratio between Gold (GLD as proxy)(numerator) and US Stocks ( SPY as Proxy)(denominator) took off past the neckline of 0.39 in early December. A Golden Cross is beginning to form among the 50/200 Day EMA, which in turn further supports the trend. 

This indicates that money is flowing into Gold, as a safe haven, as equities and other risk assets move further to the downside.