All Time Analysis Gold XAUUSD

It's so difficult to forecast gold as being related to other raising news , its basicaly thermometer for the market overall risks from China - UK - Euro- USA, yesterday a bounce from Feb 1276 level went up 1308 losing bearish hopes to get consolidated level , this was by news of Brexit. Today is also decisive day as News made it clear that No hard Brexit and hence restoring stability to other markets and risk. The gold correlated to many factors that is decision factor for the price:
1. Overall market stability conditions and this is affected by

China - US Trade deal

*Brexit

*Wars

*Elections

The Gold market moves in most cases opposite to overall Stock market movement , If Market starts to bleed , gold soar and vice versa.

2. Dollar Price , DXY
As I study here the gold price related to the UD - in other cases XAUEUR - the dollar price impacts the gold price in opposite manner. Falling dollar , increase gold price and Strong dollar weaken gold price ( and many others as well) ; thats logic , however If you notice last week , the DXY crossed 97 and the gold didn't get impacted , in other words , this correlation not always true, When this correlation breaks dont use and if it happen , then the gold is married to enemies of dollar. Dollar DXY index measured by EUR , JPY , GBP , CAD , they consist 90% of dollar value with 57% of Dollar price from Eur, that makes weak Euro is weak gold for easier reference.

3. Other commodities. Investors normally balance portfolio between commodity , A weak petrol increase gold investment , Palladium high , gold low. Make its opposite correlation too.

Now , In attached chart, full analysis to my bets knowledge for Monthly , Weekly , Daily and even hourly in one chart.