Wednesday, April 3, 2024

Drama in the financial markets - the gap in the correlation between Gold and the Dollar index

 The correlation that usually exists between the Dollar index and Gold has been broken recently, with Gold moving rapidly and sharply towards the sky while the dollar index continues to falter. Such an event cannot last long and the gap between the assets is expected to close in the foreseeable future. Savvy people will also be able to use this dramatic information to make capital gains.

A weekly graph showing the dramatic gap:



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