Bitcoin pulled back yesterday alongside gold and silver but continues to hold up well overall, with the level that was previously resistance (a price area where selling pressure tends to build) now acting as support (a price area where buyers step in to defend against declines); and because a higher high (a new high above the prior bounce's peak) has now formed, the view that the bear market has ended is stronger, though sizeable pullbacks can still occur. Natural gas is hovering near its breakout level, and if it moves sideways it could form a bullt flag (a brief consolidation after a sharp rally that often precedes the next leg up), with only a sharp decline being a concern, and the outlook into the colder months stays positive. Oil is higher again today with Brent back above 101 dollars as traders await diplomatic developments between the US and Iran, though it is bouncing off its technical support, while high diesel prices keep feeding into inflation through transport costs (Trading Economics, Modern Diplomacy). Silver is a bit weaker than gold today but is still holding its support trend line. Gold is also under pressure and trading near 4,322 dollars on the back of a strong dollar and sharply rising yields, though it remains within its range and the bulls retain the benefit of the doubt while support holds (Eurasia Business News). The dollar index has reached a seven week high near 101 as rising yields support it (Modern Diplomacy). The biggest story is in the bond market, where the US 10 year yield jumped 14.7 basis points to above 5.11 percent today and touched 5.14 percent intraday, its highest since July 2007 and the largest single day move in over a year, driven by far stronger than expected business activity data showing the private sector expanding at its fastest pace in more than five years and employment rising at the quickest rate since 2022, alongside hawkish comments from several Fed officials, a weak bond auction and rising oil prices (CNBC, Eurasia Business News). .