Which pairs move with XAUUSD (Gold)?
XAUUSD (Gold) usually moves with or against certain currency pairs because gold is priced in US Dollars and is seen as a safe-haven asset.
🔹 Pairs that often move with XAUUSD (positive correlation)
These pairs tend to move in the same direction as gold:
- AUDUSD – Australia is a major gold exporter
- NZDUSD – Commodity-linked currency
- XAGUSD (Silver) – Very strong correlation with gold
- CAD (sometimes) – When commodity markets are strong
👉 If gold goes up, these pairs often go up too.
🔹 Pairs that usually move opposite to XAUUSD (negative correlation)
These pairs often move against gold:
- USDJPY – Yen + USD strength often weakens gold
- USDCAD – Strong USD pressure on gold
- DXY (US Dollar Index) – Very strong inverse relation
👉 If gold goes up, these usually go down.
🔹 Safe-Haven Relationship
- When market fear or uncertainty rises → Gold & JPY go up
- When USD becomes strong → Gold usually falls
📌 Best Pair to Watch with XAUUSD
- DXY (for USD strength)
- AUDUSD (confirmation trades)
- XAGUSD (silver confirms gold trend)
