if i take your excellent usdjpy and usd gold comp - as i said 2 weeks or so ago - my rough expectation is a high volatility b/o when green line and blue line below intersect - but imo it will be the result of usdjpy breaking the neckline directionally - either above 1.05 or below 1.00 (usd gold rises)
and because its such a congested space - i expect usd gold could be pushed down to the 'red line' - the channel trend that supported gold from 1200 - without the usd gold uptrend having broken
as thats what marketmakers generally do to flush out weak hands - drive prices to within 2% below the trendline
but if it goes lower than that red line I think gold uptrend is broken
