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The Best Thing For Gold Would Be If USD/JPY Did This…

The Best Thing For Gold Would Be If USD/JPY Did This…

I’ve pointed out before that the most positive thing for gold, in my opinion, would be for the USD/JPY to break down. It is still – – ever so slowly – – continuing to shape up that way.

USD/JPY Chart

Here’s a longer-term view. A failure of 104.61 would do the trick.

USD/JPY Chart

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