With such a performance of EUR/USD today it is easy to think that dollar is growing so much, that it is pressing on everything else. And yes, partially, this is true. But with USD growth, as a rule, always comes the fall of another asset – a rule that has been broken today, all due to the general situation in the world.

You have probably already guessed, that I am talking about gold. It is gold that falls as soon as the greenback starts gaining points and price against its major peers, but right now it is not true. Just like USD itself, gold is only gaining per-ounce price today. And that is a little bit of a head-scratcher right now. Is the situation in the world so bad that all of the safe havens are growing just to the sheer volume of traders trying to find safe assets to trade? Yes, the answer to that is yes, of course. The situation around all of the other currencies and segments of the market is so dire that all of the safe havens are ready to switch their patterns and shatter our expectations.

As a result, we see that gold had an attempt to break out, but it was cut short. But it still seems that we are on the verge of a bigger surge – a surge that is going to throw gold over the $1500 per ounce point.

So, gold is behaving unusually – a perfect reason to use trading signals for the precious metals.