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Monthly Journal: Traders' Insights Wanted!
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Intro to Investing 101

There is an inverse correlation between $Gold Futures(FEB5) (GCmain.US)$ and the $USD (USDindex.FX)$. On some days or weeks the correlation is not as apparent as other times. But if you follow gold and the dollar then this correlation would be obvious.
The fact that it is traded as a currency pair on forex markets makes this inverse correlation a strong pattern that rarely changes.
This chart will make it obvious. The chart below shows the tickers $Powershares Exchange Traded Fd Tst Db Us Dollar Index Bullish Fund Etf (UUP.US)$ and $SPDR Gold ETF (GLD.US)$ in the same chart.
Source: Solo Invest
Source: Solo Invest
Currency markets just opened up and, wouldn't you know it, gold is down and the dollar is up.
Intro to Investing 101
The data is out there all over the place. Even google will tell you.
Source: Google
Source: Google
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