Jordan Roy-Byrne: The New Gold-Dollar Correlation

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.

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