#Trump100Days ๐ฅGold and the US Dollar: Divergent Paths๐ฒ
๐ข The chart shows that gold (XAU) and the US Dollar Index (DXY) have an inverse relationship; when the dollar weakens, gold rises, and vice versa.
โ This shift is due to trade wars and increasing concerns about the stability of the dollar. With the possibility of the Federal Reserve cutting interest rates, the dollar may lose more strength, giving gold more room to rise.
โ Do you think the price of gold against the dollar (will continue) (XAUUSD) to rise?
๐- Yes
โค๏ธ- No
