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nikkei121

Key region of Gold. Will it behave direct with Oil again?

Ouro/Dólar Americano (FX:XAUUSD)  
nikkei121  
FX:XAUUSD   Ouro/Dólar Americano
Support and Resistance Supply and Demand Pivot Points
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supportandresistance supplyanddemand pivotpoints
Gold and Oil used to have a direct positive relation. Something happened. Maybe the limits of behaviour is a minimum oil price of $60 per barrel. Afterall Gold CANNOT be SUBSTITUTED unlike Oil.
No doubt Oil's rise no longer brings inflation as directly as before. Before Oil loses that inflation causing effect when batteries takeover, perhaps Oil will have one last rally and so will Gold?
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