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Is Gold About To Break-Out?

 

Is Gold About To Break-Out?

Courtesy of Zero Hedge

Over the last five years the (negative) correlation between USDJPY and Gold has risen and risen to its highest on record – as USDJPY rises, gold sinks and vice versa…

So why did today's Kuroda-driven crash in USDJPY not spark a precious metal bid?

He's no help!

So what happens next?


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