Gold-Dollar relationship challenged

The nine year chart for the US Dollar Index ($USD) and Gold-Continuous Futures ($GOLD) shows a clear inverse relationship from 2002 until 2007. Gold advanced as the Dollar declined. This inverse relationship continued with the swings of 2008 and 2009 (Dollar down/gold up and visa versa). The potential conflict is the higher high in gold (1200) and the higher low in the Dollar (green arrows).

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