US10Y Bounced off the 38.2% retracement, bottom of the 200R range, and the linear regression channel. If it enters a 3rd wave here the yield should rise to around 5%. tradingview.com/x/vSdOqddh
Gov bonds like the US10Y dropped like a stone, NAS100US30 have dropped 1.5% this is why USDX is going up and not correlated with XAUUSD which has broken through 3340.
US10Y Yields just dropped to 4.5% - this will fuel more Longs on XAUUSD
London open is about to get very interesting indeed, we could break the upper channel, but it's Friday, it's a long term downtrend and we've been long all week.
As long as they turned up for work today, could be some big moves today.