Dollar index is at the previous highs back in August 2014. As you can see the Gold correlation with USD is very apparent. Gold is back in the dealer's buying range (B2B orders covered) formed in July/August. If we see the Dollar Index come off of the current highs, then we should see a rally in Gold. On the other hand, a break above these current highs on DXY would lead to a further fall in Gold with the next technical level at 1041
연관 아이디어
XAU analysis
DavidBelleFX
about USDOLLAR