2025-6-14 USD/JPY, Gold, and S&P 500
The other day there was a request to also view gold, so I would like to try changing the format.
【USD/JPY】
The image below shows,Starting from the world’s smallest next-generation ZigZagandTrend Line Pro 2overlaid.
This week, a triangle consolidation (the zigzag is purple) was also in focus.
We are approaching the weekend with a shape that has the triangle in focus, so next week’s direction is difficult to determine.
First, we can only wait for the daily chart’s directionless triangle (an symmetrical triangle) to break out.
That said, while there are many who expect the lower bound to break below the monthly low of 140 yen, it seems that further timing adjustment is still required before it can break.
On the upside, a descending triangle that tends to drop on the monthly chart looms, and this also seems unlikely to rise substantially.
A big trend does not appear likely, but there is volatility, so adopting a stance to ride the range in between is fine.
【GOLD】
The image below shows,Starting from the world’s smallest next-generation ZigZagandTrend Line Pro 2overlaid.
Gold’s basic strategy is to pull back to buy on dips.
Technically, it is in a complete uptrend.
Environmentally, unless the United States makes a miraculous recovery, there seems to be no factor pushing gold down.
Also, when a better investment appears than gold, care might be needed when the S&P 500 hits new highs.
However, even if it falls significantly, buying may occur as a temporary dip.
【S&P 500】
The image below shows,Starting from the world’s smallest next-generation ZigZagandTrend Line Pro 2overlaid.
I am looking at the S&P 500 on a long-term basis, not weekly.
Technically, it is recovering from a temporary dip within an uptrend, as indicated by a rebound on the monthly chart with white circles.
Even looking at moving averages, the upward momentum has not waned.
Unless we experience a multi-month stagnation here, I feel it will move toward new highs.
＊ The white circles and white lines in the reference image were added later.
＊ If the image is too small to read, right-click the image and select “Open image in new tab” to view at 1:1 size.
＊Preconceptions are only detrimental, so I would appreciate using this as just one scenario for reference.
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If you found this article helpful, I would be happy if you could press the below『 Read more』 buttonto continue (there isn’t more beyond this; it’s a like).
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