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AUD/USD mirroring Gold’s price advance (Dec. 2, 2022)


The “Aussie” is demonstrating high correlation to Gold recently. AUD/USD has recovered between the low and the mid Fibonacci resistance levels of this year’s move from high to low, exactly like Gold has.

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which only you are responsible for!

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