ForensicForex

SMT Divergent Example with Gold and DXY

FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Hello Traders!

This is one example of a SMT divergent 1 out of 4.

This one is DXY makes lower low but xxx/usd fails to make higher high.

Which in turns means their is a crack in code. This is not a symmetrical market and something "funny" is happening.

If DXY makes a lower low Gold should have made a higher high.

This is you clear indication that the central banks have steps into the market even heavier on their shorts for gold.

They increased their net shorts and prevented gold from making a higher high while the DXY made a lower low.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.