Neesi

Always watch USD Index when trading Gold, NASDAQ and USD Pairs

INDEX:DXY   US DOLLAR CURRENCY INDEX
Correlation between Pairs:
***ALWAYS CHECK THE CORRELATING PAIR***

USD Index ^ is going up - strengthening
USD ........ Pairs Up - strengthening
.......USD Pairs down - weakening
Gold down

if the USD Index ^ is going down - weakening
USD ........ Pairs down - weakening
.......USD Pairs Up - strengthening
Gold Up - strengthening
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.