Friday 24 March 2023

Cycle Review 2

Gold is near all time highs, but high gold prices is related to the dollar and the US long bond market cycles.
image1

More cycle examples.


Chart 1 - Gold cycle, looks powerful.



Gold




Chart 2 - Bond and Gold effect each other.


Bonds




Chart 3 - US 10 yr Interest rate (inverse bond prices)


TNX




Chart 4 - US Dollar Index 


USD



Original Post: https://ift.tt/J8wImuW

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