This could pull back for a couple of months. Is this move down on JPYUSD gonna fuel rally in Equities? Gold looks like it wants to pull back (may be to 21 EMA or even a deeper correction to 22000/OZ). DXY might have a relief rally or just chop sideways. US10Y could drop to 3.4%. Have to watch SPX, GOLD, GOLD/SPX ratio, BTC/USD, BTC/GLX, US10Y, DXY, JPY/USD and VIX. We have to figure out if the secular bear market is already underway on equities (which means we sell the bounce on equities and buy the dip on GOLD), or if there is more blow off top left in equities. Only time will tell. Massive opportunities ahead either way. So protect your capital
Note
Correction: BTC/GOLD (not BTC/GLX)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.