treasuries and bonds not acting inline with main markets....
expecting further downside on u.j so will be actively looking for positions alongside the imminent breakout we are witnessing in gold. 1250.xx was the key to pandoras box and 1320.xx, congratulations to those who took this trade and are still holding.
Eyes on the trigger to set things off here.
Today we got further confirmation of a golden-cross with gold, and even though we had a slight hiccup intra-day spurred by a USD bond sale, we closed above 1240 and made new highs for this run.
TNX is struggling to maintain above water, and it's RSI has been trending down since it's run up in November. We could potentially see a death cross as it's 5EMA makes...
