Per weekly channel it's trying to get back into.
Per 2 hour chart.
A lot of traders will be caught flat-footed, as usual.
Consolidating above the breakout. Look for a big move tomorrow.
Tighten your seatbelts, space cadets. Because we're about to blast-off to the moon. $1800+, here we come!
Looking for a rebound if Treasury yields keep falling.
Successful so far. Fingers crossed. So long as yields keep going down, gold SHOULD go up. Should.
So long as 10 year yield keeps falling, gold will keep climbing (eventually).
As predicted last week. Going to zero. Euro will fly. Gold, who the hell knows?
But the volatility is a killer. Ride the bull.
Silver will start to outperform gold now.
Two head and shoulders tops predicting 1% 10-year yield.