buy buy buy
Updated
The long-feared unwinding of the yen carry trade finally brought about a sharp rise in the yen, a massive deleveraging event triggered by a short squeeze on the yen, which forced a widespread liquidation of the entire market, especially those bloated exposures, and investors may have sold their huge gold longs to cover losses in the stock market. Hedge funds have also chosen the rumor of next week to raise interest rates +QT yen. Gold is often innocent in the first outbreak of such chaos, such as the new coronavirus outbreak is also the case, but the traditional relationship between the yen and gold is positive, if the Japanese trend reverses, it will weaken the dollar, positive for gold.
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sell:2458 tp2438 tp2:2430 Trade active
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