There is a divergence on the monthly chart where the RSI has a lower high then the AUD/USD but the Gold Trust is the same as the RSI
As you can see AUD/USD follows the Gold Market in a similar pattern. Australia main product is Gold. Gold is widely perceived as a safe-haven investment, holding its value despite large changes in the stock market. The Gold Trust is to approximate the gold market as closely as possible. NZD/USD has a similar pattern with AUD/USD
Tips on how to trade Divergence with the RSI www.informedtrades.c...dex-rsi-trading.html
As you can see AUD/USD follows the Gold Market in a similar pattern. Australia main product is Gold. Gold is widely perceived as a safe-haven investment, holding its value despite large changes in the stock market. The Gold Trust is to approximate the gold market as closely as possible. NZD/USD has a similar pattern with AUD/USD
Tips on how to trade Divergence with the RSI www.informedtrades.c...dex-rsi-trading.html