Correlation $DXY & $Gold Why did $XAUU plummet hard?



$DXY up =$ Gold down.
This is a classic risk-off pattern that is clearly visible today: when $DXY strengthens, $Gold immediately plummets and breaks the previous bullish structure.
The chart shows that $XAUU rejected from the Premium Zone + FVG H1 and immediately entered the distribution phase. The price is now below the structure, and there has been no strong reversal sign.

$Gold TF (H1):
As long as the price remains held below the 4.140 – 4.160 (FVG) area, the bias remains bearish.

The potential plummet towards the Daily Order Block area 4,000 is still wide open.

Small rejection in H1 demand is just a retrace, not a trend reversal.

Conclusion:
DXY: If it holds above 99.20–99.25, the chances of a technical reversal forming, which could push Gold down further.
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