Correlation between ON RRP and Gold
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.
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.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.