Matrix ..A Chart for You before you Go
From this long term chart its is OBVIOUS why the yen Stops Here at least for now
38% Fib and Horizontal Support
BUT there is unfinished downside to the bottom line and 50% Fib
Yen 85 = Gold 1050
GOLDTENT ANTHOM
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WE ARE
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NATURAL VS ARTIFICIAL IMMUNITY
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PRE EXISTING T CELL IMMUNITY
THE SPANISH FLU OF 1918
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POSTING INFORMATION
The gold chart would look a little different if adjusted for inflation using the headline CPI. But the result since 2008 would be the same.
The period between 1970 – 1993 would however look a bit more interesting.
But as matrix says he does not care what the bell-weather for gold is, at the moment the Yen is the guide until they part company!
There is some symmetry in that Yen chart! As there is in the long term gold chart. The lows come around roughly 7-8 years apart.
Interesting read…..
http://factsanddetails.com/japan/cat24/sub154/item1797.html
norvast, that link provided an excellent snap shot of $YEN, past and present, thanks!
FGC, you must have asked your parents as a kid, are we there yet?….as the car left your drive-way……lol…..and I bet when you L@@K at a map you always look to your destination first before seeing where you are on the map….you PO….price objective guys
Chart shows perfectly where we are, as for the $YEN 85 = Gold $1050 I have no idea, lots of cross breezes within that trend that may unfold that could have a 75 $Yen vs $1000 Gold…as the chart shows 99 has capped Gold’s advance but with a range of $1279 to $1392 and on the low side of 95 $Yen $1181 and $1258 Gold
http://tinyurl.com/qhtezw2