Gold - Monthly Closing Above USD 2,000 Triggers Breakout Rally (Technical Analysis) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom-and-gloom that underpinned it — looked right.Most Read from BloombergThe Pizza That’s Taking Over the USBodegas Put on Notice as Visa Fights Back on Card SurchargesSpaceX Falcon Heavy Rocket Deploys Massive SatelliteBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina’s Push to Expand BRICS Membership FaltersIt is
Gold is very oversold and ripe for a strong bounce, at least. Since 1,615-1,620 USD has held two times, a double bottom might have started a relief rally. Read more here.