https://fred.stlouisfed.org/series/DFII5
TIPS yield is falling hitting the short term high
I think gold will have legs to move up to the double top at least. I flipped XAUAUD chart and it has broken that clear support. Could this be the reason folks are selling NST from yesterday. The euphoria in AUD is intense and you can see as it broke the ST high yesterday with vengeance. There is talk among some banks that the AUd is very extended and will fall back down. Current 77-78C is a very strong resistance historical.
However XAUUSD has a bit of catching up to AUD for a reversal in the chart! Holding with bated breadth on Monday hoping the US news yesterday can give the sentiment of NST a bit of positivity. Management has done all it could fundamentally.
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https://fred.stlouisfed.org/series/DFII5 TIPS yield is falling...
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