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jumpsignal
Feb 24, 2021 10:24 AM

US1OY is testing multi year Resistance Short

United States 10 Year Government Bonds YieldTVC

Description

US10Y is testing multi year resistance. We are expecting to get rejected from here. This supports me to be bullish on Gold.


Plan your trade and trade your plan.

Always use stoploss and do risk management.

Comment

Rejected at 1.43

Comment

Clearly, 1.43 is rejected. The next support is the 1.38 area, closely looking at the price action as I have a bullish bias on gold.

Comments
T-r-X
Bullish on TLT actually.
jumpsignal
@T-r-X, Please share your chart
T-r-X
@jumpsignal, Long Term US Treasuries are inversely correlated with 10 yr yield.
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