GOLD vs EUR_USD correlation
Seeing these similarities allows one to assess the markets in depth.
Which instrument leads and moves first? I don't know
But my guess would be-the dollar moves first, as it is the dollars fundamental flows that that determine investors interest in gold, which is a safe haven asset but not an assets in the usual sense. One can't lend gold. One can't make purchases with gold either.
Hope you find this helpful.
Don't forget to Like and Subscribe!
✅Join My FREE Telegram Channel: t.me/top_tradingsignals
✅Contact Me For Signals: t.me/toptradingsignalsfx
✅Visit my Website: toptradingsignals.net/
✅My Broker: toptradingsignals.net/bestbroker
✅Contact Me For Signals: t.me/toptradingsignalsfx
✅Visit my Website: toptradingsignals.net/
✅My Broker: toptradingsignals.net/bestbroker
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.