Written by John O’Donnell, Online Trading Academy
Chart of the Week 21 September 2016
There is a long-term inverse relationship between the value of the dollar and the price of gold in U.S. dollars. When the exchange rate of the dollar against other fiat currencies rises the value of gold tends to decline, and vice versa.
The ratio of the dollar to gold is discussed in video after the Read more >> jump.
Source: YouTube