#BTC
📌 Did you know that there is a historical inverse relationship between the dollar and gold?
💵 When the US dollar rises, the price of gold often falls, and vice versa.
Why?
Because gold is priced in dollars... When the dollar strengthens, gold becomes more expensive for holders of other currencies, leading to a decrease in demand.
⚖️ This relationship is used by professional traders as a tool to understand market movements and make their decisions.
💡 Therefore, if you see the dollar index (DXY) rising strongly... watch gold
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