Gold and AUD/USD

COMEX:GC1!   Gold Futures
Australia is the third biggest gold-digger… we mean, gold             producer in the world, sailing out about $5 billion worth of the yellow treasure every year!

Gold             has a positive correlation with AUD/USD             .

When gold             goes up, AUD/USD             goes up. When gold             goes down, AUD/USD             goes down.

Historically, AUD/USD             has had a whopping 80% correlation to the price of gold!
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