The Dollar Is Weighing Down Gold, but Here's the Good News for Investors
Gold recently fell below its key 50-day (blue) and 200-day (red) moving averages, also a bearish signal. The U.S. Dollar Index ($DXY) has gained about 5% since mid-July, and in the world of currencies, that's a pretty big move. It's interesting that just as gold has fallen below its key moving avera...