Alright, I think people are tired of US 10Y yield, but my analysis revealed that gold is more sensitive to US 10Y yield than NQ. In addition there is a half-year time lag. If you're interested, could jump to the end of my video. Some highlights are as below:
1. The new range of US 10Y yield(1.5% - 2%)
2. NQ bullish setup review(risk & return) and the benefit of trail stops by using short-term MA.
3. Why a bullish and bearish gold setup after key zone violation? How to reduce trading risks by price action?
4. Why gold started to drop since Aug.8th 2020? How the date correlate with US 10Y yield?
5. The correlation between NQ and Gold and why do they move in the same direction sometimes?
Feel free to share your thoughts, and don't hesitate to give me a like if you like the video!
1. The new range of US 10Y yield(1.5% - 2%)
2. NQ bullish setup review(risk & return) and the benefit of trail stops by using short-term MA.
3. Why a bullish and bearish gold setup after key zone violation? How to reduce trading risks by price action?
4. Why gold started to drop since Aug.8th 2020? How the date correlate with US 10Y yield?
5. The correlation between NQ and Gold and why do they move in the same direction sometimes?
Feel free to share your thoughts, and don't hesitate to give me a like if you like the video!
Nota
The line chart shows the correlation between NQ and Gold. Basically, they moved in the same direction from 2019, however, things started to change From early Aug. of 2020 when US 10Y yield completed consolidation and began a big rally.Nota
Look at the US 10Y yield chart, the date of consolidation completion before rally!
plan your trade and trade your plan
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plan your trade and trade your plan
Publicações relacionadas
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.