February 3 (Fri): GOLD
Good evening?
Monday's dawn is a full moon, isn't it!
If a full-moon reversal is coming… will the Nikkei 225 fall?
Stock prices and gold are basically'inverse correlated'they say.
To briefly explain the reason,
gold is considered a safe asset, and when stock prices are unstable or falling, money tends to flow into safe assets, so gold tends to be bought.
ThereforeStock price decline = rise in goldis often the case,
Basically'inverse correlation'is said.
Currently, as Nikkei 225 and U.S. indicators look likely to fall…
'inverse correlation'If that happens, will gold rise?
Or will it fall?
If it falls, the rise scenario for the Nikkei 225 and U.S. indicators might take the lead…?
Let’s objectively look at the charts while exploring various possibilities.
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