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<p>[QUOTE="Fifty, post: 1077038, member: 24555"]The simple explanation is if you look at gold like a currency and plug it in to a cross rate table you will see it moves in different directions based on the currency but the table must balance. Weakening of the USD means the dollar index is down, selling is just that, selling, supply for sale outstripped demand that day.[/QUOTE]</p><p><br /></p>
[QUOTE="Fifty, post: 1077038, member: 24555"]The simple explanation is if you look at gold like a currency and plug it in to a cross rate table you will see it moves in different directions based on the currency but the table must balance. Weakening of the USD means the dollar index is down, selling is just that, selling, supply for sale outstripped demand that day.[/QUOTE]
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