đ đșđž U.S. 10Y YIELD â BULLISH MONTHLY STRUCTURE
The U.S. 10-Year Treasury yield continues to show a bullish setup on the monthly chart.
đ„ Signals: âą Bullish engulfing candle
âą Monthly close above the downward trendline
âą RSI has triggered a buy signal
đ Current Yield: ~4.73%
đŻ Long-Term Watch: 6.00%
Historically, the previous RSI buy signal was followed by a move from roughly 1% to 5% over the next ~1,000 days.
â ïž A move toward 6% is a scenario, not a certainty. Rising yields could have major implications for $XAU, BTC and $SPX, so keep an eye on rates.
đ„ $XAU | âż $BTC | đ $SPX
#XAU #BTC #SPX #TreasuryYields
The U.S. 10-Year Treasury yield continues to show a bullish setup on the monthly chart.
đ„ Signals: âą Bullish engulfing candle
âą Monthly close above the downward trendline
âą RSI has triggered a buy signal
đ Current Yield: ~4.73%
đŻ Long-Term Watch: 6.00%
Historically, the previous RSI buy signal was followed by a move from roughly 1% to 5% over the next ~1,000 days.
â ïž A move toward 6% is a scenario, not a certainty. Rising yields could have major implications for $XAU, BTC and $SPX, so keep an eye on rates.
đ„ $XAU | âż $BTC | đ $SPX
#XAU #BTC #SPX #TreasuryYields
