Just marking up this chart with some divergences between the price of gold and the XAU index. I was surprised to see that the ATH of this index was one year ago and it's still within the .618 retracement. Bearish.
Note
Did I say ATH? I meant previous high. The ATH was in 2011, when gold hit its previous peak. In fact that's another big divergence... 
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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.