Get ready to be long Gold and short JPYThe chart of Gold expressed in Japanese Yen has remained in a very tight weekly closing price range of 7% for almost a year. The boundaries are clear as an ascending triangle. This is a trade I will lean into hard by buying Gold and either selling Yen futures or buying USDJPY spot in approximately e
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Gold/JPY long with 15% targetFinal sub-wave of a flat formation is about to complete wave 4 on daily timeframe.
Continuation of the trend will resume soon. Conservatives target for wave 5, is 15% (equals to wave 1).
xaujpy long position ideaweekly good support zone !!! And still wait little timeframe pattern breakout!!!
Gold vrs Yen - Hits the 161 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 may
XAUJPY bullish trend detectedbullish trend detected so made entry after a higher low showed a bullish inverted hammer candle .stop loss will be adjusted on the current time line until trend reversal occurs.
XAUJPYThe a wave of the fourth wave has been completed, and the next step is to see where the b wave rebounds
XAUJPY sellBecause the third sub-wave of the third wave is prolonged, the fifth sub-wave is no longer prolonged, the third wave has ended, and the callback of the fourth wave starts. Because the second wave is flat, the fourth wave is zigzag or flat. According to whether the first sub-wave of the fourth wave i
The intermarket picture explainedIn this 10-minute video we aim to explain what's happening in the bond market, and as a result its implications to the USD, to stocks, the USDJPY and gold. Today's US Consumer Price Index (CPI) data due for release on Wednesday at 1230 GMT may be already priced in and prices may not display logical
Long Gold, range play with bullish biasPure range play with a long bias.
Expect decent support 188k level with a tight stop below.
Throwing 0.5% equity at this bet, hoping for 3.5% return.
🥇XAUJPY: Japanese Alchemy of Gold🎌●● Mine scenario
● 1W
It is very likely that, as in the case of XAU/USD , the wave (V) of the " Supercycle " degree forms the Ending Diagonal I- II-III-IV-V .
● 1D
A variant of count of the triangle ((B)) of I .
● 23h
A variant of count of the wave (1) of ((C)) in the
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