Gold ( XAU ) Selling rallies with 1750 as target ?
Hi,
rising US yields hit hard both: Gold Bulls and Tech Bulls ( not the first time )
If we see continuation of that yields move, for example, an American 10s well above 1%, the action has a chance to continue ...
Risk factors:
FED manipulation with yields
today's 10s auction in the US
Selling rallies towards 1910/940
Stop above 1968
Target 1750/720
Good luck
rising US yields hit hard both: Gold Bulls and Tech Bulls ( not the first time )
If we see continuation of that yields move, for example, an American 10s well above 1%, the action has a chance to continue ...
Risk factors:
FED manipulation with yields
today's 10s auction in the US
Selling rallies towards 1910/940
Stop above 1968
Target 1750/720
Good luck