In my opinion Gold has the strongest inverse relationship with USDJPY and the real test for Gold bullishness is for USDJPY to break through this lower trend-line and fall back to 98.80. If this happens there will be a big rally in the metals.
My opinion though is that USDJPY will gradually climb higher and finding itself clear of this wedge formation, move to a higher supporting trend-line.
My opinion though is that USDJPY will gradually climb higher and finding itself clear of this wedge formation, move to a higher supporting trend-line.