How Bond Yields Are Affecting Gold | Metals Mine

  • How Bond Yields Are Affecting Gold

    From sunshineprofits.com

    As U.S. Treasury yields rise, gold, which is seen as an inflation hedge, is hurting. Despite the obvious warning signs, investors remain bullish. After Monday’s (Feb. 22) supposedly “groundbreaking” rally, the situation in gold developed in tune with what I wrote yesterday. The rally stopped, and miners’ decline indicated that it was a counter-trend move. As U.S. Treasury yields rise, gold, which is seen as an inflation hedge, is hurting. Despite the obvious warning signs, investors remain bullish. After Monday’s (Feb. 22) supposedly “groundbreaking” rally, the situation in gold developed in tune with ... (full story)

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Trader#5E03
Feb 24, 2021 2:37pm
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BTW: Gold just turned up and we should expect it to first head for 1837 and then see from that or before whether it retains enough momentum to reach 1874. The Fisher Transform readings from H1 - D1 all indicate and uprising in Gold ahead - very clearly.

The Crow (-_-)
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Trader#5E03
Feb 24, 2021 3:40pm
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Just to clarify - John Ehler who introduced the Fisher Transform to "technical" analysis is an Engineer with a particular interest in DSP. John Ehlers approach was to introduce the "engineering" notion of cyclicality to trading (along with many ideas from DSP). He is NOT a chaotist. To get the Fisher Transform to read the market correctly and almost at one glance you must move away from Ehlers actual ideas. So a) you need to read his equations and understand his very useful implementation b) you then need to understand enough chaos math to turn it on its head completely such that at a glance you can read tops and bottoms and turns accurately. Without doing that - you would have a "technical" indicator no different than the rather outdated Rsi or all the others based on the assumption of normal distribution (which the market clearly is not) and which as such do not describe the market well enough to be useful (beyond the notion of trend in "technicals" - but clearly such indicators cannot measure fractured lines accurately enough to be an edge because the market is not smooth - does not move from one value to another as supposed in a continuous function. Which is why fractals and its understanding is so desperately needed in trading).

The Crow (-_-)
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