Wednesday, 23 January 2019

CME Gold Futures Vs Dollar Index.

CME GOLD Futures Vs US Dollar index as seen in the chart are usually inversely related to each other. But both were seen moving in tandem  with each other suggesting safe heaven buying on the wake of global slowdown concerns.

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Volume and Open Interest suggesting an accumulation in USDINR

USDINR futures prices were seen consolidating while  volumes  and OI were seen increasing suggesting accumulation.