ZenMode

US Dollar vs Gold 4hr TF

TVC:DXY   U.S. Dollar Currency Index
Just thought this was an interesting chart to share.

Has been great for me as I have been long gold and short DXY . :)

Comments

please we need more correlation pairs please
+2 Reply
ZenMode yylapai
@yylapai, sure thing! Thanks kindly
Reply
I hope success for yoy .
Reply
Very telling chart, thanks for sharing.
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What are ur views now on DXY and gold will DXY bounce back and Gold have a decline as Gold is technically over bought and DXY over sold
Reply
ZenMode meeturvish
@meeturvish, I personally do not think so. In my opinion the trend is the trend until the end. The policy changing from Fed central bank is what will yield a change in the trend.
+1 Reply
the dollar should be correlated with most assets including stocks
Reply
ZenMode wlcling
@wlcling, It certainly is
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ZenMode wlcling
@wlcling, a weak dollar is great for emerging markets and domestic equity products
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That`s true SIR
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