August 15 (Fri): 【Harmonic】 Nikkei 225 vs. GOLD

【This Week's Market Focus Points】

This week's focus is on the movements of GOLD and the U.S. 10-year Treasury yield. Both have reached the PRZ in the Crab on the weekly chart, and may influence the overall market direction. In particular, GOLD stalls near the SL, and the question is whether it will reverse downward from here or break up. If it reverses, a scenario where stock prices are affected through positive correlation with the Nikkei 225 is conceivable.

On the other hand, in the short term, GOLD’s 4-hour Gartley and 1-hour Deep Crab patterns are in focus, but the two patterns cannot coincide, so the direction will likely be determined when one scenario breaks down.

➥The continuation is explained in detail in a members-only report.

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● Analyze daily charts using “Bollinger Band Decoded”

https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside

● Use “Harmonic Prescriptions” to draw a “zone where charts should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

（Note: The following is for members only.）