Today it is very difficult to choose just one asset. And no, not because there is such an overwhelming growth in all of the segments of the market. Quite the contrary – because there is a horrific fall in all of them. But there is still one trading position that is going to bring us joy – gold. The metal hits the highest position since April, 10 all due to the falling USD. Yes, American currency is bringing the precious metal to the growth that hasn’t been seen by it in weeks. And the situation turns more and more difficult for us as we want to see currency market in a normal state but seeing gold grow at such pace is also not a bad thing. And as we know there can’t be growing gold without failing dollar.

The chart is climbing so fast that we are having a hard time keeping up with the growth. Although a little bit of retracement the metal bounced back just fine which can be an indication of the inability of the greenback to recover which gives gold plenty of room for further development of the price.

What intermarket connections are tied to the metal and what assets are failing? Use trading signals to get all of the answers!