September 12 (Fri): 【Harmonic】 Nikkei 225 vs Gold

【This Week's Market Focus Points】

The focus this week is on the point that a “common downward scenario” is being considered for both stock prices and GOLD movements. The Nikkei 225 daily chart shows a Shark up move, and there remains the possibility of a decline aiming for the PRZ.

Meanwhile GOLD has seen previous harmonics repeatedly fail, but after a breakout from the triangle and achieving a price range, signs of a reversal are emerging. Additionally, the US 10-year yield weekly chart shows that after reaching the PRZ, the Crab down move cannot significantly rebound, and the waveform distortion continues.

Usually GOLD moves inversely to stocks, but currently it is showing somewhat of a positive correlation, which is also notable. Whether both stock prices and GOLD turn downward together will be the week's biggest point of attention.

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

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● Use “Introduction to Bollinger Bands” to analyze daily charts

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

● Use “Harmony Prescription” to draw a Zone where the chart should stopZoneand stop the chart!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

（※Below, access is limited to members.)