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Can GOLD rally once again?
U.S. Dollar Index
Long
Can GOLD rally once again?
By Ganand1912
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Dec 11, 2022
2
Dec 11, 2022
DXY VS GOLD - Correlation
Candle charts = DXY
Yellow chart = Gold
Watch out for this correlation.
Whenever, DXY has topped out, Gold has given a massive rally.
Finally, Look at the recent red arrow. DXY seems to be topped out again followed by a sudden rise in GOLD.
Can GOLD rally once again??
P.S - Just a visual.
Chart Patterns
Harmonic Patterns
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NIFTY
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