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luke1827

The comparative strength or weakness of Gold vs. US Dollar

Gold Spot / U.S. Dollar (FX:XAUUSD)  
luke1827  
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD DXY comparison correlation
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xauusd dxy comparison correlation
In this study, I'm looking at the performance of gold, in terms of percentage gains/loss compared to the performance of the US dollar, tracked by the dollar index (DXY). As gold moves inversely with the US dollar, I inversed the DXY to set a comparative benchmark, hence 1/DXY.

Please see notes on chart.
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