The relationship between gold and the USD is usually an inverse one. In other words, gold rises when the USD falls and vice versa. This relationship does often break down but when they move higher in tandem it is always a result of stress and panic which is what we have been seeing as the situation in Ukraine continues to escalate. In this video, we explain this in more detail and the similarities in the gold and USD index charts, both of which are freely available on most MT4 broker platforms.
