Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Is Gold Leading Yield Higher

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Spot Gold has hurdled– and is sustaining above– its prior significant rally peak at $1307.40, which has the right look of completing a meaningful April-June rounded-bottom pattern, which, if accurate, indicates that GOLD has entered a new upleg from its May 30 pullback low at $1199.84, which projects next to $1440-$1470.

Only a break below the post-Brexit spike low at $1244.74 will wreck the developing bullish set-up. AsĀ for 10-Year YIELD, the Brexit reaction represents the third time in 2016 that YIELD approached or pierced 1.50%, which for the third time appears to be containing a falling YIELD structure.