usually it does, but not always and many times - again the way
correlations work, you will have a correlation for a long period of
time, then it suddenly stops for awhile. I can see plenty of
examples in the past where gold went up for long periods of time
with the Dollar going up. Also, during a correlation, many times a
divergence occurs at the end where gold will tend to anticipate
what the Dollar is going to do; if it thinks the Dollar is nearing
a top it may start to rally 1 or 2 months early before the Dollar
really tops out, or the opposite gold has been rallying while the
Dollar been selling off for long period of time, gold may top first
and start selling off much earlier before the Dollar bottoms
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usually it does, but not
Matt or Steve, or anyoneI think the recent movement of ...
Posted by matt on 27th of Oct 2022 at 02:18 pm
usually it does, but not always and many times - again the way correlations work, you will have a correlation for a long period of time, then it suddenly stops for awhile. I can see plenty of examples in the past where gold went up for long periods of time with the Dollar going up. Also, during a correlation, many times a divergence occurs at the end where gold will tend to anticipate what the Dollar is going to do; if it thinks the Dollar is nearing a top it may start to rally 1 or 2 months early before the Dollar really tops out, or the opposite gold has been rallying while the Dollar been selling off for long period of time, gold may top first and start selling off much earlier before the Dollar bottoms