Negative Correlation Between Gold & USDJPY
There is a -94% correlation on the weekly timeframe (also known as negative correlation) between Gold & the Japanese Yen.
GOLD📉
=
USDJPY📈
When one market moves up, there is a high probability the other market will move down. Knowing this allows you to mitigate your risks, by not opening similar positions in both markets.
GOLD📉
=
USDJPY📈
When one market moves up, there is a high probability the other market will move down. Knowing this allows you to mitigate your risks, by not opening similar positions in both markets.
TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
t.me/XTBCAPITAL
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