Yen…
More or less every inflection point you see on the weekly chart for the yen corresponds to inflection points in the metals and miners within a few weeks. So I believe these pivots are important, probably more so for the miners and silver than for gold. Additionally yen strength is generally correlated with strength in commodities and metals.
Looking at the yen weekly chart, it looks like it is coming up against the declining 400 WMA for the first time since 2013. If the 200 WMA were to stay flat and the 400 WMA keeps its current trajectory, the 200 WMA and the 400 WMA will not cross until October/November of this year.
I’m not sure how much longer the yen can flatline without making a major break, but I would not rule out the possibility of it continuing to coil in an ever-tightening pattern into early 2021. If I was an optimist on yen strength, it is possible that it could break up at any time, but I would temper that with the probability that it stays more or less sandwiched between the declining 400 WMA and flat 200 WMA until they cross.
If and when the yen takes out its 2016 high, I think that will correspond with $hui:$gold taking out its 2016 high.