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.
Comment
⋅
Different perspective Gold VS US10Y VS US30Y
Comment
⋅
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
Thank you my friend.