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Gold Upside Lacks Momentum Of Yen

Discussion in 'Technical Analysis' started by Kaitlin, Jun 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The inverted correlation between GBPJPY and Gold is as strong as ever but, upon closer inspection we'll see discrepancies between the risk relationship. As both JPY and Gold have benefited from risk off (most recently triggered by 'Brexiteers' taking the lead) then GBPJPY and Gold are obvious places to look[​IMG]

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