GOLD 0.51% $1,391.7 gold futures

gold, page-103162

  1. 10,682 Posts.
    lightbulb Created with Sketch. 4248

    A daily on gold indicating gold remaining constrained below the 200 day ma. Only just though as the 50 day looks to cross back up through the 200.

    https://hotcopper.com.au/data/attachments/3842/3842341-720d973a2d22106a25f71b8238117c51.jpg

    Junk bonds reflecting what they actually are in a liquidity constrained environment. They are now well oversold though and a bounce is due.

    https://hotcopper.com.au/data/attachments/3842/3842366-94095eafb732cda62fbba0207a7822a0.jpg

    Different story on whats perceived as "quality" as the longer end is bought.

    https://hotcopper.com.au/data/attachments/3842/3842377-e98d38cb81b6aa5450c73a2a29288abc.jpg

    Looking at the broader markets and this may well be just a mini tantrum. For the moment. Just a pre-curser of things to come down the track.
    Another week of interest awaits.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.