Hey there TradingView's users! XAUUSD Technical Analysis: On the Daily Chart, Gold is testing on 200 EMA, and the yellow-metal has never been closed above 200 EMA. On the Hourly Chart, Gold has shown both ascending & descending channel, currently haven't passed it. Gold is very likely to fall to the Point Of Control to retrace, which is 1773.20. ...
As you can see from the cart, the US10Y is showing a really good bullish trend. It tends to continue testing to 0.786 level of Fibonacci retracement. So what does this mean? The US10Y is a kind of investment, just like obligations created by the fed for 10 Years. Thus, we can conclude that the US10Y reflects the confidence for investors on USD. Especially,...