Hey guys
Just a quick chart. Look at correlation chart of ujsdjpy and gold lately. I am not a big fan of correlations but this chart has been in sync from a while now. I am wondering if ujsdjpy bottomed , which will confirm my bias to upside as I posted few days ago and gold tanks and prove everyone wrong- especially the head and shoulder gurus.Time will tell but for now we should pay attention . This is why I am waiting for proper signal in gold and silver. If it tanks, I don't mind shorting it. No " I think" trade here in range bound market.
Thanks for the read.
Cheers
Just a quick chart. Look at correlation chart of ujsdjpy and gold lately. I am not a big fan of correlations but this chart has been in sync from a while now. I am wondering if ujsdjpy bottomed , which will confirm my bias to upside as I posted few days ago and gold tanks and prove everyone wrong- especially the head and shoulder gurus.Time will tell but for now we should pay attention . This is why I am waiting for proper signal in gold and silver. If it tanks, I don't mind shorting it. No " I think" trade here in range bound market.
Thanks for the read.
Cheers