Where's the drop?
Updated
Looking at past price action, we can detect a clear correlation, and sometimes leading movements of the gold futures versus the AUDUSD pair.
In this case, there's a clear divergence between the price trends in the short term.
I'm waiting for a breakout of the sideways movement down in the following days. Should make for a decent short setup once confirmed.
In this case, there's a clear divergence between the price trends in the short term.
I'm waiting for a breakout of the sideways movement down in the following days. Should make for a decent short setup once confirmed.
Trade closed: target reached
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