is there any correlation between audusd and gold

[ph1l]

i was hoping you guys would do all the work and give me a one line answer

One line answer: Australian dollar and gold are not highly correlated.

 

[padutrader]

I asked my colleague John Thorpe for some feedback:

Other than 6A being considered a "commodity" currency along with the 6C .. and Gold is a "commodity" i would say they are co related , studies over the past 180 trading days have indicated that both the AUD/USD and CAD/USD are correlated to Gold 76% and 68% of the time, on a closing basis, respectively.

that means daily time frame i think

that makes sense........