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Ganand1912
Dec 11, 2022 9:15 AM

Can GOLD rally once again? Long

U.S. Dollar Currency IndexTVC

Description

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.
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