The key to gold’s breakout remains with bond yields. As we saw this week, its counter-trend move is not quite over yet which helped keep the gold price under some pressure. By the close of the week, resistance at the 100d EMA level halted the 10yr T-Note yield’s rise as shown in Figure 1. Will this level hold? It may, as we will discuss below, but ultim…
© 2024 Chris Rutherglen PhD
Substack is the home for great culture