Gold and Bonds: Jobs Data - Rate hike (see second chart)
Relationship between Gold and Treasuries is at historical extreme. If the trend holds (we bounce), Gold is expected to do better then treasuries in the weeks ahead.
Past few weeks support this idea as gold begins to outpace TLT
Positive jobs data that signals a rate hike could trigger a dramatic increase in Golds price. The 10yr chart supports the timing.
Gold is more attractive in higher interest rate environments
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.