DXY XAUUSD Correlation Remains High

1/GC1!COMEX

描述

⋅ Feb 15, 2018 1:42 AM

Using the DXY as a rough proxy for the USD shows that it has a very high inverse correlation with gold. Being bullish on gold implies you expect DXY to continue falling off a cliff. While the momentum is there, it could snap back quickly and hard.