Traders have a tendency to "think" in their own currencies, which is a natural human action. But it is worth paying attention to how other traders may think, because how they see prices can affect their behavior in ways we might not be seeing through our own lenses. In the USA, we think in dollars, and so gold traders have noticed how prices have been thus far unable to climb above the $2067/oz level, which marked the high for spot gold prices back on August 6, 2020. But the gold traders who think in euros see it differently. For them, that August 2020 high was exceeded back in March 2022. So they would naturally ... (full story)