USDJPY is in an intraday uptrend again. The overall trend is bullish however I believe that this is a re-test of the former high and based on how price is approaching the resistance it doesn't signal much bullish strength anymore. Price is currently at a high of an untested zone, the all time high and a Daily evening star pattern.
The price of Gold has been moving downward for the last three days after a huge rally to 2065 USD level. Our Analysis says that most probably the Gold will rally again and reach the previous which is the 2065 mark.
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