Neesi

Always watch USD Index when trading Gold, NASDAQ and USD Pairs

INDEX:DXY   US DOLLAR CURRENCY INDEX
Correlation between Pairs:
***ALWAYS CHECK THE CORRELATING PAIR***

USD Index ^ is going up - strengthening
USD ........ Pairs Up - strengthening
.......USD Pairs down - weakening
Gold down

if the USD Index ^ is going down - weakening
USD ........ Pairs down - weakening
.......USD Pairs Up - strengthening
Gold Up - strengthening
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