Yield Curve Today

Today the curve is dropping with nominal yields rising.  Implication (taking one singular day as a stand-alone)?  Anti-gold and pro-risk 'ON'... among other things.  Hey, that's what it says today...…

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NFTRH; Key ETF Update

A snapshot of current daily technicals…

GLD is at the first resistance level that began at the equivalent of 1180 for gold (currently 1196).  This resistance area was the long-term breakdown platform.  It is very important to maintaining the bear or giving the bull some breathing room.

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