Audacity618
Short

Short Gold on Strong Dollar

COMEX:GC1!   GOLD FUTURES
61 0 0
Gold             is a dollar-denominated commodity, growing more expensive for other currency-holders to purchase when the greenback gains. This tends to lead to a fall in demand and in price. I added a USDJPY             as one currency pair example to see its correlation to Gold             .

Also a lack of US inflation does not help Gold             , as Gold             is used as a hedge against a rise in CPI             .
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