good point !
DislikedYes there is divergence on the chart but that was a little while ago.
On the daily chart we are trading inside a box between 1180 and 1210.
This is not a bad thing - price congestion will inevitably result in the strong breakout.
Gold is a complex market.
It is a commodity but it is an investment and mixed up in currencies.
Then we have central bank involvement and market manipulation by a handful of big banks (HSBC springs to mind in gold).
The stock markets are trending down. Earning will on the whole disappoint.
Unemployment is rising....Ignored