WHat is up with these charts?

D

dragonslive

Member
How is that these two graphs of gold and silver can manage two different directions? This is not new either, it seems to be the rule rather than the exception when I view this particular chart.

83_graph.jpg
 
Because the value of AUD is increasing....

That means for a 'drop in Gold price in AUD' it could merely mean a 'flat Gold price in USD'. It appears more in the Gold charts because of the high value (~1500) so small fluctuations seem larger on that scale.
 
Yep, the AUD went from 1.07 to 1.075 in the same space. Rose 1/2 cent.

Hence gold in AUD plummeted.
 
goldpelican said:
Yep, the AUD went from 1.07 to 1.075 in the same space. Rose 1/2 cent.

Hence gold in AUD plummeted.
Click to expand...

Sure, but why didn't silver at the same time?

What I mean is, look at the 2 silver charts for AUD and USD, then compare them to the gold AUD and USD for exactly the same period. It is incongruent, and it is often this way ie. every day.)
 
OK, Does this make my observation relevant?

Top left - Silver
41.95 - 42.80 - upward movement

Bottom left - Gold
1401 - 1399.5 - downward movement

Top right - Silver
44.79 - 46.01 - upward movement

Bottom right - Gold
1497 - 1504.64 - upward movement

The obvious anomaly that catches my attention is........the left gold graph does not match the others.....it moves downward against the other 3 graphs which all have a similar pattern regardless of comparative dollar values. i.e. bottom left graph is out of synch.
 
dragonslive said:
OK, Does this make my observation relevant?

Top left - Silver
41.95 - 42.80 - upward movement

Bottom left - Gold
1401 - 1399.5 - downward movement

Top right - Silver
44.79 - 46.01 - upward movement

Bottom right - Gold
1497 - 1504.64 - upward movement

The obvious anomaly that catches my attention is........the left gold graph does not match the others.....it moves downward against the other 3 graphs which all have a similar pattern regardless of comparative dollar values. i.e. bottom left graph is out of synch.
Click to expand...

The value of 41.95 AUD is 44.79 USD (1.067) and 42.8 AUD is 46.01 USD (1.075)... for silver.

Gold 1401 AUD is 1497 USD (1.608) and 1399.5 AUD is 1504.64 USD (1.075) ... for Gold.

Really its that simple...if you don't understand this then I suggest you go to bed, get some sleep and then you'll get it tomorrow morning after a coffee.
 
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