LJtrade
Short

XAU Short (updated)

FX:XAUUSD   Gold Spot / U.S. Dollar
65 0 2
OOPS - I am no great chartist, but I do like looking for relationships.

Here relative to gold             I am plotting SPX             and VIX             and I do have a clearer vision of what the SPX             should be doing as what Gold             is going to do.

(I will attempt to publish another chart on JPY & XAU but for now just remember to be careful when trading this idea as Gold             and US exchanges were closed on Friday as they will be on Monday, however Friday saw continued downward momentum of USDJPY             if this continues through to Monday then there is a clear risk of a short-term up spike in XAUUSD             as a result of the inverse correlation between these two pairs.)

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