Is the USDX Building Strength to Push Gold Prices Down?

From sunshineprofits.com

The USD Index is a key driver of gold prices (apart from real interest rates). How much strength has it shown recently? In yesterday’s analysis, I compared the current situation in the precious metals to the one in stocks that we saw last year. It appears that the similarity remains up-to-date as gold is up in today’s pre-market trading (at the moment of writing these words). As you may recall, last year, stocks didn’t decline until the second session of the year. Of course, the history doesn’t have repeat itself to the letter, but I wouldn’t make too much of the upswing in the first few days of the year. ... (full story)