Step 1 - First the RSI shows oversold on the dollar. Step 2 - The DXY begins a stealthy reversal where price charts continues to fall whilst on the RSI their signs of a Bullish Divergence. Step 3 - Gold then begins it's retreat from it peak and goes into reverse
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.