graham.edwards84

XAUUSD and USDJPY inverse relationship

FX_IDC:XAUUSD   Gold / U.S. Dollar
135 0 5
This chart shows the relationship between XAUUSD             and USDJPY             . You will also see how gold             is more volatile and the movements can become exaggerated. It is these exaggerated overbought and over sold movements of gold             that make excellent short term plays.

Longer term plays should be made by studying the movement of USDJPY             as it cycles through it's waves. Happy trading!
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