I like to look at Gold value as if the DXY could be held constant at the value of 100. Could this assist in removing Forex movements from the value of Au if one was to only look in $US terms? Forex movements can be deceiving when one constantly looks at $US based charts not taking into account the true value of the $US in relation to other major currencies. GC1!*DXY/100 was charted in Tradingview.

Is the result a value of Gold in corrected $US that correlates very highly with XAUWCU World currency unit, yet is still in $US terms if that makes sense?

The theory being if Au is truly in a “Major” Bull/Bear/Neutral trend it should be chartable in all major currencies? Does this theory show in correlation indicators? That being said can very Bullish/Bearish major trends also include major currency fluctuations that are visible in the correlation indicator using Weisnstein 30 WMA trend criteria?

Do major currency fluctuations of the DXY trigger Bullish/Bearish trends in Au?

When do the Trend changes actually occur?

Are there better currency pairs to use?

Below are 3 charts XAUEUR vs $Gold 30WMA, $Gold vs XAUEUR 30WMA and GC!*DXY/100 30WMA with reference to the correlation of trend of XAUEUR vs $Gold…