Historically, Gold has maintained an inverse correlation with the U.S. Dollar.
Today we saw Gold breakout to 1925 and the DXY soar to 106.500.
The emergence of a positive correlation with the U.S. Dollar provides a strong foundation for a continued Gold uptrend.
Today we saw Gold breakout to 1925 and the DXY soar to 106.500.
The emergence of a positive correlation with the U.S. Dollar provides a strong foundation for a continued Gold uptrend.
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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.