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The Dollar Is Weighing Down Gold, but Here’s the Good News for Investors

It’s interesting that just as gold has fallen below its key moving averages, the U.S. Dollar Index has climbed above its 50-day (blue) and 200-day (red) moving averages). This suggests an inverse relationship between the dollar and gold. Read Full Story at source (may require registration) The post The Dollar Is Weighing Down Gold, but Here’s the Good News for Investors appeared first on ForexTV... Read More
Posted: Sep 7 2023, 14:44
Author Name: forextv
Views: 110467

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