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GOLD VS DOLLAR DECOUPLING
U.S. Dollar Currency Index
Long
GOLD VS DOLLAR DECOUPLING
By GringoStarr
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Oct 13, 2023
3
Oct 13, 2023
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.
Trend Analysis
Trend Lines
GringoStarr
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