YEN  should be moving up in a three-way corrective. As this is a Wave 2 should reach at least the 50% mark… Note all indicators on buy signals today…  Where YEN goes Gold goes…..

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YEN Chart looks bullish for gold BUT THE MINERS….

Gold Miners Bullish Percent has some more work to do (blue circles on RSI(5))….

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Silver: Gold Ratio Chart (also called Clive Maude’s Peak Indicator Chart) needs some more work (Note the Wm%R(25))….

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JDST 2HR almost fired off a buy today. Need RSI(5) and SlowSTO Trigger Line crosses to confirm…

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A slightly different way of counting the GLD 2HR Chart (???) actually makes the EWO happy 🙂 … at least one more lower low …. (Note on this chart how the ULTimate Oscillator is pointing down… this is a leading indicator)

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In Summary, I’m not confused… YEN implies Gold is going up…. Miners have more downside per Bullish Percent (Maybe $SPX is going to break down??)…. Clive, I mean Gold-Silver Ratio Chart, says we need more downside in Gold… JDST  looks to be wanting to start a Wave 3 Up… and the GLD Chart says we have some more downside to go…. Let’s throw the YEN Chart out and be HAPPY BEARS!!!