Two Bullish expanding triangles, one broke out at 1797 and the second still in action. Expecting to move the price around 1820, if not the upper trendline.
10 Year 30 Year bonds are testing multi-year resistance and will be rejected eventually.
10 Year 30 Year bonds are testing multi-year resistance and will be rejected eventually.
Note
Different perspective Gold VS US10Y VS US30YNote
Bonds are in selling pressures from yesterday night .. it is breaking the trendlines and expect to move lower. This is the first time bonds challenged multi-year resistance. It has to down and come back to test it. Hence I am bullish on gold
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.