US 10yr TB, second weekly price reversal off that very short term support seems to suggest bond traders are now expecting rate rise further down the track, reinforced by the stock traders pushing the sp500 into record level. As such the FX traders are agreeing once again by pushing the major up against the USD.
So from this direct correlation, I am of the view that gold will continue up but it has a lot of resistance to negotiate. Gold is never an easy personality to dissect, being pulled from different fundamentals.
I shall resume my buying of our local top 100 stocks. Some stocks contemplating are TLS CCL SHL CBA??(don't like the overhead block price has to negotiate) IOF SEK.
