504.30 over 510 tonight?, page-44

re: 504.30 over 510 tonight? /gann45 The nature of the Bull:

http://www.gold-eagle.com/editorials_05/rwilliam120205.html

Extract:

Figure 4 shows the price of gold overlaid USD index (inverted). Between 1990 and early 2000 both markets diverged, remaining negatively correlated, (i.e. gold up, USD down). However, within the last few years gold and USD index (inverted) have tracked each other closely and transitioned into a more positive relationship (i.e. gold up, USD up).