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GringoStarr

GOLD VS DOLLAR DECOUPLING

Long
U.S. Dollar Currency Index (ICEUS_DLY:DXY)  
GringoStarr  
ICEUS_DLY:DXY   U.S. Dollar Currency Index
Trend Analysis Trend Lines
3
0
trendanalysis trendline
Historically, Gold has maintained an inverse correlation with the U.S. Dollar.

Today we saw Gold breakout to 1925 and the DXY soar to 106.500.

The emergence of a positive correlation with the U.S. Dollar provides a strong foundation for a continued Gold uptrend.
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