The Gold ETF fell today - an inverse correlation to the general stock market.I don't expect an extremely high inverse correlation between Gold ETF and the XAO - but today it did occur.
What is interesting is the positive divergences setting up on the Gold Indicators - MACD Histogram and the Slow Stochastic.
They're hinting at a rise in the Gold ETF - and that would? translate into a fall in the general market (XAO).
We'll see.
Cheers
Red
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