Gold Spot / U.S. DollarUpdated GOLD/DOLLAR: Divergence in short term?
Divergences or correlations are rarely always valid, there are many variables at play and the monetary policy context plays a fundamental role. I don't want to do an economic analysis here, but just share this idea of possible divergence between Dollar and Gold in short term.
In mid-term, I think we will see a warm autumn and volatility could reign in the markets for a few months. Together with our supporters we are following the evolution of events in our blog, and Gold & Dollar will be our drivers at least until the end of 2023.
In conclusion, this divergence could be useful in our analyses, always keeping in mind that it is only temporary!
GOLD FUNDAMENTAL ANALYSIS Q1
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Trade with care!
In mid-term, I think we will see a warm autumn and volatility could reign in the markets for a few months. Together with our supporters we are following the evolution of events in our blog, and Gold & Dollar will be our drivers at least until the end of 2023.
In conclusion, this divergence could be useful in our analyses, always keeping in mind that it is only temporary!
GOLD FUNDAMENTAL ANALYSIS Q1
Like to support my work.
Trade with care!
Note
✅worked fine✅
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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.