10 yr Bond (on price) is turning bearish, which means markets may be expecting a rate hike by the FED on September 20th, that may be holding Gold down as well. If the 10 yr Bond closes the day below 126.29 then it may be bearish for Gold. I´m keeping and eye on that instrument as well.
Friday, September 15, 2017
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Disclaimer: This site is not intended to provide professional advice nor to lead users to either copy or follow the trades herein posted, it is essentially conceived to share thoughts and ideas for non-professional traders and become a non-official knowledge base for individuals interested in testing and improving their own skills in the spot Gold market.
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I am not trading now, but will play in demo mode, following your advices. Thank you cesar!
ReplyDeleteGood call, that´s the way to master the wild roller coaster.
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