As we all know Gold is Very strongly Co Related with the Yen for some reason . They are both going up since January this year

This is a chart I drew about 5 months ago at Yen 90 complete with that blue arrow

PO was Yen 100 ..a 50% retrace of the drop from 2011 to 2016

Wow…This was BANG on price and time..I am a freaking genius ?

Nah

BUT even though I am bullish on PMs..THIS Chart is a Huge Warning

IF that’s all the Yen has Got…100…then Gold has some heavy headwinds here

OTOH…The Yen has already broken thru that dotted uptrend line …This is different from the post below from PK showing the

Yen at resistance…Different Chart Platforms..different lines…hmmm

yen111

For you manipulation Affectionados out there..please open your mind and consider this chart

Are You saying the YEN is manipulated ?

The Forex (Yen) Market is probably 1000 times larger than the gold market…It MUST be manipulated for Gold to be manipulated too

So its the Japanese who are supressing Gold ?

Nah