Possible right shoulder, it may collapse which can also open opportunities for XXXJPY pairs to Buy in future.
About the XXXJPY is just an assumption for the positive correlation for Gold and Yen.
About the XXXJPY is just an assumption for the positive correlation for Gold and Yen.
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Disclaimer
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.