In an unmistakeable correlation, a higher short end of the curve means gold is relatively less attractive to own. This argument has strong claims on both reason and evidence... Hence, with a hikepending, watch for gold lower.
This chart is not for trading purposes, but rather for keeping a big picture. BTC does not have so much history, but its first big bear market just happened to take place while DXY was having a strong bullrun. Coincidence? Definitely not, as BTCUSD still has USD as a denominator :D So when think about where should dollar go in the next few years, does BTC really...
In this chart I'm sharing my breakdown of the relative strength analysis of currencies, as suggested by Ashraf Laidi in his book 'Currency trading and intermarket analysis', a great read that was reccomended to me by David Alcindor. Thanks for that one David.
I'll quickly summarize my train of thought here:
I see the cnh and gbp as interesting long prospects...