Always consider hidden risks
The VIX/ Gold Correlation US Dollar and SP500: Higher Volatility Ahead ?
 December 10 ​( From Stockcharts  )
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The Situation

​​In these too complacent times, it is interesting to look the behavior ( correlation ) of the VIX and the Gold in relation ​to the Mighty US Dollar (USD-DXY) and SP500 Index.

​​​As shown by the charts below, this correlation tells that the risks have not been fully priced into the foreign exchange market yet in terms of volatility:
expect more volatility in the US Dollar and SP500 in the next few sessions...​​

​​​​VIX/GOLD correlation getting near 0.75 on December 8 and VIX was around 14, indicating more volatility ahead...
Observe the rising wedges for the US Dollar and SP500...​
See charts below...

The VIX/ Gold Correlation US Dollar and SP500: Higher Volatility Ahead ? $SPY, $SPX, $ES_F, $VIX, , $GLD, $GC_F,  USDX
VIX over Gold ( Top Panel )
​​SP500 Index ( Bottom Panel )
VIX over Gold ( Top Panel )
​​US Dollar Index ( DXY - Bottom Panel )