© 2019 Bloomberg Finance LPHowever, despite this major uncertainty, there is no appetite among trader for holding the safe haven- gold . ThinkMarkets, BloombergThe relation of the Dollar Index to the gold price is always interesting, one goes up and the other goes down, mostly. The chart below shows that the gold price has lost value due to the strength in the Dollar Index and this trend is still robust. Also, the correlation between the gold price and the Economic Surprise Index since October 2018 has been negative - one goes up and the other moves lower. Overall, I think the Dollar Index is going to continue its move to the upside.

Source: Forbes May 22, 2019 09:42 UTC