What’s Next for the Highly Correlated Assets of Gold and DXY?

For much of the year, Gold (XAU/USD) has been inversely correlated with the US Dollar, in particular, the US Dollar Index (DXY).  That is to say that when the DXY moves higher, Gold tends to move lower.  The reverse has also been true.  When the DXY moves lower, Gold tends to move higher.  The correlation […]

The post What’s Next for the Highly Correlated Assets of Gold and DXY? appeared first on Action Forex.