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Hello Traders,

I hope you all are safe and good.

I wanted to show an interesting negative correlation between Fed's Overnight Reverse Repurchase Agreements and Gold Price.

You may also see a FRED GRAPH about that on below,

fred.stlouisfed.org/series/RRPONTSYD

Question is; Will there be much more weakness on Gold Price?

I guess we'll see that soon.

Share your ideas and comment below about that,

Have a good evening,

Stay safe.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.