For Nightingale – DXY and Gold rose together
As shown here, Gold and DXY rose together for about 18 months during late 2018 until early 2020. Its not that unusual but happens more frequently on shorter time frames. It is a myth that gold always runs inverse to dollars. In general that may be a statement of fact but we can’t actually trade in generizations or we will go broke!
Alright. Good contribution to the conversation.
One can trade ‘out of generizations’ against a ‘general statement’ and have one fingers crossed. Fine. No problem … just be very careful then as you trade against a ‘general statement’.
Lol….ok, you got it.