when gold prices fall does it affect audusd sentiment?

Australia is one of the largest producers and exporters of gold on the planet. They generate most of their revenue by selling gold so yeah, when gold prices rise, the Australian dollar becomes stronger and audusd sentiment shifts to bullish because it will then cost more USD to buy one AUD.

However, when gold prices fall, audusd sentiment shifts to bearish because aud becomes weaker and it will cost less USD to buy one AUD.