watch gold and and yen, do not try to catch a falling knife

here is a comparison between gold and u/j. Blue line is gold the the bar charts is u/j. Petty that I cannot flip one of the charts so that it can be visible how correlated are both. Of course nothing is exact in trading so very often both are diverging "slightly" on the daily TF. If we forget about divergences and all sorts of EMAs look at the last obvious bottom and peak in both instruments and those will be your benchmarks for reversals points.