XAUUSD XAUEUR negative divergence
GOOD LUCK
when the dollar price and the euro price disagree, it is usually the euro price that ends up being right about where both are headed. So to see the euro price of gold failing to make a higher high in step with the dollar price, that says the dollar price of gold has ventured a bit further than it should, and that a corrective move is likely.
when the dollar price and the euro price disagree, it is usually the euro price that ends up being right about where both are headed. So to see the euro price of gold failing to make a higher high in step with the dollar price, that says the dollar price of gold has ventured a bit further than it should, and that a corrective move is likely.