ChatGPT is maybe my best new friend, always there, ready to answer and polite. And it`s starting to look like, my best friend can give good financial advises.

What would you use as a negative correlation to XAUUSD?

ChatGPT
When looking for a negative correlation to XAUUSD (Gold), one commonly observed pair is the USD/JPY (US Dollar/Japanese Yen). The USD/JPY pair often exhibits an inverse relationship with XAUUSD due to the relationship between the US dollar and gold.

Gold is often considered a safe-haven asset, sought after during times of market uncertainty or economic instability. When market sentiment is risk-on and investors have a higher appetite for risk, they tend to favor the US dollar as a reserve currency and may sell gold, leading to weakness in XAUUSD. Conversely, during risk-off periods, when investors seek safer assets, the US dollar may weaken against the Japanese yen, while gold (XAUUSD) may strengthen.


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What would you use as a negative correlation to XAUUSD, exclude USDJPY?

Excluding USD/JPY as a negative correlation to XAUUSD (Gold), another commonly observed pair is the USD/CHF (US Dollar/Swiss Franc). The USD/CHF pair often exhibits an inverse relationship with XAUUSD due to the safe-haven status of the Swiss franc and its relationship with the US dollar.

During periods of market uncertainty or risk aversion, investors often seek safe-haven assets such as gold and the Swiss franc. As a result, XAUUSD may strengthen while the USD/CHF pair weakens. Conversely, during risk-on periods when investors are more willing to take on risk, the USD/CHF pair may strengthen, and XAUUSD may weaken.

ROI wrote: Sat Jul 01, 2023 3:39 am It was this one today.

Can you publish this template, please?

Should be this, also with Hawkeye

This indicator has VWAP, I use it like with Daily Pivot, when price is above both, only long trades and when price is under both, then I am looking only short trades. I only use VWAP from that indicator, other options "false".

M1 chart and indicator x2, M1 and M5, default settings.





Edit. Actually, must change Causal=True. If Causal=False, it is a repainter.

Fuck, that was close, but no cigar.

Maybe some work with settings, we`ll see.

ROI wrote: Wed Aug 27, 2025 8:03 pm Maybe some work with settings, we`ll see.

Näyttökuva 2025-08-27 130225.png

Hello, which pair is that and what TF? I would like to check something.

Mladen said that:" If you do not set the causal to true, then last filter period / 2 bars can change."

So, maybe it is not so bad, have to check that how does that performs with repainting option.

Oil M1, doolfrews.

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