The Daily Gold, Released on 2/18/20
Since the Fed’s final rate hike, the dollar and gold have been positively correlated. Gold against foreign currencies is at new all time highs, gold breaks $1600 and gold and the dollar are rising together.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.