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CFDs on Gold (US$ / OZ)
Short

Gold vs. XAU index

By ChartMeNot
Updated
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... snapshot
comparisonDivergenceDouble Top or BottomGoldindexTrend Lines
ChartMeNot

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