gold, page-26535

Sorry but why would you do a gold price analysis using the DOW? The corelation isnt inverse or even close to it. Historically usd gold and DOW move together more than they move apart - though it flips and flops depending on which quarter of the economic cycle you are in

Gold safe haven bid during equity corrections is shortlived and usually non sustained unless the reaon for the selloff is something that actually suppots gold fundamentals - ie say shock US economic downgrade. But i dont see that in the offing. They are anaemic but not caaonic economically.

If you want yto forecast where usd gold is going you generally need to analyse usd/jpy, eur/usd, US real interest rate direction and gdp growth real vs forecast, US Govt debt per capia, and global risk (the latter impossble to quanity)