Gold buying strategy

[Oldun]

The yen......if the techs see a cup and handle mega pattern, hang on to your hats in yen ! I am reasonably sure this chart is being painted to the upside on the handle  by the Japan Central Bank in collusion with The US to avert it. But they are stuck if the false handle hits all time highs (as well as end nisas bang on the end of this financial year for those who initiated them at the start in 2014  http://www.jsda.or.jp/en/activities/research-studies/files/NISA.pdf ...caveat scheme extends for a further 5 years if requirements met) and then handles but Japan just sent vat from 8-10% including gold in order to cool the obvious attempt to avert a rise out of a mega handle...mega juggling act imho. Every other possibility up or down is also possible of course. I am just a joe blow giving tuppence worth’s observations.