AUD/USD folows the Gold Market... Divergence

FX:AUDUSD   Australian Dollar / U.S. Dollar
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 http://www.informedtrades.com/3946-relat...


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