Gold ( XAU ) Selling rallies with 1750 as target ?
Hi,
rising US yields hit hard both: Gold Bulls and Tech Bulls ( not the first time )
If we see continuation of that yields move, for example, an American 10s well above 1%, the action has a chance to continue ...
Risk factors:
FED manipulation with yields
today's 10s auction in the US
Selling rallies towards 1910/940
Stop above 1968
Target 1750/720
Good luck
rising US yields hit hard both: Gold Bulls and Tech Bulls ( not the first time )
If we see continuation of that yields move, for example, an American 10s well above 1%, the action has a chance to continue ...
Risk factors:
FED manipulation with yields
today's 10s auction in the US
Selling rallies towards 1910/940
Stop above 1968
Target 1750/720
Good luck
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.