Entries by Peter Brandt

Gold Resistance

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Gold’s massive H&S bottom continues to develop, but overhead resistance could be stiff. The technical significance of the resistance in the 1350 to 1390 zone in Gold cannot be over- stated. This zone has contained rallies in Gold on five occasions (including the current rally), as shown on the weekly chart.

US 10-Yr

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I have commented in recent Factor updates on the completed 6+ year double top on the monthly chart. I was not going to make the same mistake this week.