@jgarcia780 on DXY | PriceONN Community
J
It's fascinating how DXY is often inversely correlated with gold and crypto. When the dollar index shows weakness like today, slipping below the 200 SMA on the daily, you often see precious metals picking up momentum. We're seeing that now with XAUUSD trading higher. It's a classic risk-off sentiment play, or perhaps just a dollar correction before the next big economic data releases.