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gorkemaydogan

Correlation between ON RRP and Gold

FRED/RRPONTSYD (QUANDL:FRED/RRPONTSYD)  
gorkemaydogan  
QUANDL:FRED/RRPONTSYD   FRED/RRPONTSYD
Fundamental Analysis onrrp Gold correlation overnight reverse repurchase agreement fed Federal Reserve Economic Data
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fundamental onrrp gold correlation overnight reverse repurchase agreement fed fred
Hello Traders,

I hope you all are safe and good.

I wanted to show an interesting negative correlation between Fed's Overnight Reverse Repurchase Agreements and Gold Price.

You may also see a FRED GRAPH about that on below,

fred.stlouisfed.org/series/RRPONTSYD

Question is; Will there be much more weakness on Gold Price?

I guess we'll see that soon.

Share your ideas and comment below about that,

Have a good evening,

Stay safe.
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