Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

Gold vs DXY, and you post a chart for 6 weeks., hardly a...

First 97008 Last

Share
Profile

Follow
Skol

32,985 Posts.

1378

21/06/21

14:53

Post #: 53968373
Share

Originally posted by YeboNo1: ↑

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

Expand

Gold vs DXY, and you post a chart for 6 weeks., hardly a convincing argument.

DXY up, gold down.
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 29,551 more messages in this thread...

First 97008 Last

Add GOLD (COMEX) to my watchlist

SPONSORED BY