GOLD vrs EURUSD

28 באוק׳ 2022

A comparison which GOLD and EURUSD.... In the month of July 2022, EURUSD presented a structure that looked like a double bottom but couldn't trade higher to break the highs as a neck line and continued its prior trend. On GOLD , we are having a similar structure. Overall GOLD is bearish and has the probability of trading to the downside. Will we see GOLD breaking its higher and trade to the upside or break the low for a continuation ?