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walled7863
Jan 5, 2018 7:07 PM

XAUUSD XAUEUR negative divergence 

GOLD / U.S. DOLLARICE

Description

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.
Comments
Deep-Peat-Shark
Can't you just leave gold out of the equation and look at EURUSD instead?
thesilverbullet
Or the EUR price is lagging. Where is all the USD buying coming from?
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