GOLD 0.51% $1,391.7 gold futures

Have a look at these charts - It shows the current trend that...

  1. 91 Posts.
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    Have a look at these charts - It shows the current trend that the big players are following. They used to correlate (inversely) the Real Yield vs Gold. Now because of the lack of trust in the official CPI numbers, they are using the Dollar Index as a guide.- I've taken the daily adjusted close from the beginning of May as a sample.(Sorry they're a bit big but I dont know how to make them smaller)

    Yes, it's interesting but the real question is "why the DXY?". I think we all know the answer

    https://hotcopper.com.au/data/attachments/3286/3286954-df4cd09c158fa34b46e932c161469ff7.jpg
    https://hotcopper.com.au/data/attachments/3286/3286977-cc8b47f2fb0402d12ba08d77dae58746.jpg


 
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