USD/JPY vs GOLD: inversely correlated moves
Updated
Hi Guys,
all day that I've got this crocodile in my mind and trying to figure out how it could affect Gold's movements.
If US dollar weakens the crocodile may shut its upper jaw and drive Gold up a little bit.
Let's see how the charts unfold.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
all day that I've got this crocodile in my mind and trying to figure out how it could affect Gold's movements.
If US dollar weakens the crocodile may shut its upper jaw and drive Gold up a little bit.
Let's see how the charts unfold.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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