FX:XAUUSD   Gold Spot / U.S. Dollar
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Notes on chart. Could be an IHNS or descending triangle . Interesting to see where this goes....

As of late Gold has had an inverse relationship with the indices ( S&P500 ) if this brakes down could be bullish for markets whereas a brake upward could be bearish for equities. However both Gold and equities could be in a position where they both seem have a positive correlation circa (2003-2008)

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