Ascending triangle - #gold back to local high, even $1570s $NUGT

2019-11-03 19:19:46

Gold is, momentarily, no longer inversely correlated with the stock market. Negative real interest rates globally and the inverse correlation with USD is now the primary driving force in the price of gold.

https://www.tradingview.com/chart/DXY/sgyQAJvD-DXY-likely-to-dip-below-97-even-as-low-as-95-85-USDJPY-GLD/