AwesomeAvani

XAUUSD ratio to DXY is falling SHORT

Short
This ratio is in a widening falling channel perhaps a megaphone.

This is indicative over increasing volatility over a period of several months.

Gold could reverse and uptrend but for the time being the trend is down

with increased volatility.

I see forex spot gold long trades when price is low in the channel and

short trades when it is in the upper portion of the channel with the stop losses

just outside the channel. Stock trades in leveraged junior miners is another

consideration.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.