Author: leviturner

The US Dollar Index (DXY) and Gold Ask experienced gold traders which chart they keep open beside XAUUSD and many will give the same answer: the US Dollar Index, known as the DXY. The relationship between the dollar and gold is one of the most reliable tendencies in markets — though, like all tendencies, it is not a law. Understanding what the DXY is, why it usually pulls gold in the opposite direction, and when that link snaps will make you a sharper reader of gold’s daily moves. What the DXY Actually Measures The DXY compares the US dollar against…

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