gold and uj have strong negative correlation. Though in the past two weeks, gold rise up about 500 pips, uj managed to,stay afloat around 112.50 and 113.40. If gold tops out at the psycholicgal level,of 1300 something, it may go down, and that MAY trigger upward movement in uj. Operetive word is MAY...
Technical IndicatorsTrend AnalysisWave Analysis

כתב ויתור