GOLD: missed signal

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Hi Guys,

today @ 14:00 GOLD made a canldestick that crossed both the 50 RSI and the bold horizontal line @ 1291.71.

USD/JPY @ 14:00 was still below the same bold horizontal line @ 108.277. It crossed it approx.2 hours later.

Maybe it was a good opportunity to short JPY for the same cross or just touch.

Thank you for your support and for sharing your ideas.

Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.

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These are signals provided by inverse correlations. Sometime they work, sometime they don't. It depends on the interpretation given by each one of us. They can be useful and can be found in a lot of markets that are correlated.

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