morning people,
when overlaying the XAUUSD chart on BTCUSD, it is apparent that, in most cases, when BTCUSD makes a strong decline, XAUUSD also declines but continues declining after BTCUSD has turned up. This pattern is verifiable and may be a profitable short signal for XAUUSD... what do you think?
edit: The opposite may also be worth verifying: When Gold declines strongly BTC tends to advance?
when overlaying the XAUUSD chart on BTCUSD, it is apparent that, in most cases, when BTCUSD makes a strong decline, XAUUSD also declines but continues declining after BTCUSD has turned up. This pattern is verifiable and may be a profitable short signal for XAUUSD... what do you think?
edit: The opposite may also be worth verifying: When Gold declines strongly BTC tends to advance?
cryptocurrency everytime