Loading ...See all the Volume bars in August, sporting a blow off bottom rate of .05%. before a climb. Gold and Silver had a high in August. The peak rate was 1.18% yesterday, the end of a nice final 12 day bounce or blow off top, in the new year. (move decimal over one spot)
High volume bars on an august bottom, and high volume bars on a January top? It makes sense the economy is not getting stronger lately in fact weaker, so odds favor this gold correction since August is over as I suggested yesterday. And today I’m suggesting odds favor a drop in the 10 year bond rates.
10 year treasury yield chart: https://schrts.co/awKtPArq
Various Bond Charts, Down on the charts means up on the rates. Today a big jump (and drop) in rates.
https://finviz.com/futures_charts.ashx?t=BONDS&p=d1