SAXO:XAUUSD   Gold Spot / U.S. Dollar
A bearish divergence occurs when an asset's price makes higher highs while a momentum indicator (like RSI, MACD, or Stochastic Oscillator) makes lower highs. This divergence suggests weakening buying pressure and potential for a price reversal to the downside. Traders use this signal to consider selling or shorting the asset, but should confirm with additional analysis to avoid false signals.
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.