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.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.