pantheo

Gold in yen accelerating higher

Largo
FX_IDC:XAUJPY   GOLD / JAPANESE YEN
Big trends are coming when the two of them, supposedly both safe havens, are decoupling.

Yen is being devaluated to produce the desired inflation for Japan and gold is doing it's thing,
absorbing all the purchasing weakness of the currency.

If wave 5, as it currently looks maybe will take a breath at 1.618 fib around 27000 before resume
the uptrend in the years to come.
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