Why is your analysis of gold heavily influenced by the US dollar?

Discussion in 'Bullion Investing' started by itmtrader, Nov 15, 2012.

  1. itmtrader

    itmtrader New Member

    I appreciate greatly your regular analysis, but cannot help but have doubts on one aspect of your technical analysis. It is significantly influenced by the USD index movement, in which when the euro falls, the Index rises and risk assets fall off, including gold (in an environment where inflation is for tomorrow and global growth is slowing).
     
Draft saved Draft deleted

Share This Page