KlendathuCap

Global Bond Yields headed higher

INDEX:TNX   10-Year Treasury Note
24 0 2
A test then break of 3 year trend line in RSI weekly. Been bearish bonds since August, this does not look good for gold             as the gold             story was mostly a yield story. I believe this will end up being a counter trend move with bond yields much lower than they are today, but that remains to seen. Best to stay out of the way and watch this thing play itself out.
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