USD Index and Gold Trend

USD Index has been gone up to 101 from the 97-98 zone  in the last couple of days because US Treasury Yield has reached 3%, the highest level since 2008.

UD-Dollar-Index-US-Yield

UD-Dollar-Index-US-Yield

The USD Dollar Index has been in an up trend since the start of the Russia Ukraine was, but gold price has also gone up because gold has bought as a safe-heaven asset.

Gold trend is sometimes up following Russia Ukraine news and is sometimes down because of US Treasury Yield going up.

Identifying a correction gold trend is a key to successful gold trading, this requires gold traders to watch for Russia Ukraine peace deal news,  US Treasury Yield and FED’s chair Powell comments on interest policy

Use this tool to view gold buy or sell trend vs USD Index