GoldBands

Gold and $ Correlation

COMEX:GC1!   GOLD FUTURES
In preparation of the FOMC meeting on Wednesday, I thought it would be instructive to compare Gold             vs.the US Dollar             ICEUSA:DX1!             . Gold             is the brighter candles and $ is the dark candles.

While there are some periods where they move in the same direction, the majority of time there is an inverse relationship.
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