This chart tries to demo gold price, dollar and interest rate can go same direction at times. So rising dollar and rising rate do not necessarily mean lower gold price (but most of the time, yes).
Friends,
I just posted a (truncated) overview of metals, Forex and commented on the probable increase in benchmark TNX - See broad analysis and forecasting in Gold, Silver, Copper, AUD, NZD, CAD, CHF here:
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In essence, fundamentals are pressuring the 10-year treasuries upwards, and the predictive analysis and forecasting has defined the following two...