OPEN-SOURCE SCRIPT

XAUUSD/SPX with SMA(48)

118
📊 Gold vs S&P 500 | XAUUSD/SPX Ratio with SMA (48) – Full Pine Script Breakdown

In this video, we build and explain a custom Pine Script that plots the Gold to S&P 500 ratio (XAUUSD/SPX) along with a 48-period Simple Moving Average (SMA).

This ratio helps us analyze how Gold is performing against equities and whether smart money is shifting from risk assets (stocks) to safe haven (gold).

🔧 What’s Included in the Script:

✅ Live ratio of XAUUSD (Gold) / SPX (S&P 500)

✅ 48-period SMA for trend analysis

✅ Clean visual chart in a separate pane

✅ Pine Script v5 compatible

🧠 Why This Matters:

Tracking the XAUUSD/SPX ratio gives deeper insight into macro trends, inflation hedge behavior, and market sentiment.
A rising ratio can signal weakness in equities and strength in precious metals — a key trend for long-term investors and macro traders.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.