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holeyprofit
Jul 18, 2022 12:12 AM

Gold vrs Yen - Hits the 161  Short

Gold/JPYOANDA

Description

As I've said multiple times in different forecasts, the leading tell of an uptrend ending is when the market can not break the 161s of the last pullback. This has now happened in gold/yen.

Mostly marking this out of interest. I don't think I have liquidity for this on my primary brokers. I'll maybe scout about for some. But this is related to my long Yen forecast and also my short gold one.

Yen looks set to turn again gold if it can hold the 161. +1 for the Yen long in the Forex markets in my opinion.





Comments
saoudi_nabil
Thx for the analysis...
saoudi_nabil
Looks like a good opportunity to sell
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