Gold has been trading inversely to the USDJPY.
USDJPY retested the 100 level and that's proven to be major support.
A small recovery in the Yen will send Gold back to the 2016 support trend at $1320
USDJPY retested the 100 level and that's proven to be major support.
A small recovery in the Yen will send Gold back to the 2016 support trend at $1320
Comment:
TG 1320 Hit
Comment:
Target $1320 hit, idea closed
Trade closed: target reached