Hi Earth74
My thoughts are that GOLD is a currency and is leading the pack. By my
analysis it's charts are in advance to the rest of the market. I could be very
wrong but I'm still understanding how far in front. Last night I showed YEN
devaluing and tonight it's GOLD going up.
Markets aren't showing a direction but posters early in the week were
looking for currencies to show the direction.
USDJPY - USD getting stronger or YEN getting weaker
GOLDUSD - GOLD getting stronger or USD getting weaker
EURUSD - EUR getting stronger or USD getting weaker
The USDAUD is a by product.
My thoughts are that the YEN is getting weaker faster than the USD.
I think a good sign for the markets.
4 hr charts over around 10 days
fundemantily friday, page-54
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