Courtesy of Read the Ticker.
Big money in the currency markets gives traders clues were the bankers see the next big move.
After all bankers and large players are the ones who move the currency markets.
As you can see below the inverse USDJPY follows gold closely, and this has only been so from March 2009 (banks and sync their algo’s one thinks). But things are changing in Japan as BOJ realise the idea of print money for real growth does not work, and more talks are ongoing about an exit plan to find real demand (after Yellen leaves office) without useless money printing.
The Aussie dollar is confirmation of many commodity trends, after all Australia exports dirt and rocks, so the base shown below is a very positive forecast for the gold ETF GLD.
You should also notice the higher lows after the Richard Wyckoff Sign of Strength in both these forex pairs. These sign of strength shows a shift in the bankers thinking. Gold will be one to watch in 2nd half of 2017.
Click for popup. Clear your browser cache if image is not showing. 
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote…
..”Nothing new ever occurs in the business of speculating or investing in securities and commodities.”..
Jesse Livernore Trading Rule
..“The main purpose of the stock market is to make fools of as many men as possible”..
Bernard Baruch
..”Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway”..
Warren Buffett
..”If past history was all there was to the game, the richest people would be librarians”..
Warren Buffett
…”The four most dangerous words in investing are ‘This time it’s different’ “…
John Templeton
