Trader Dan's Market Views

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I am referring to the gold price in the above title. By that I mean, whatever market participants think as to when the Fed is going to make the first move higher, will determine whither gold goes. You tell me what interest rates will be in June, and...

To the readers of the site;
Thank you for your continued viewership of this site. I encourage those who have not already done so, to give the new site a try ( www.traderdan.com).
I also want to let you know that effective as of the end of this month of February, I have made a decision to no longer allow posting/comments on the site....

This has been the pattern since August of last year and with just a few exceptions, gold has been moving in sync with 10 year Treasury note futures.
Remember, a rising Treasury market means FALLING YIELDS.
As money rushes into bonds to park it while waiting out the uncertainty which is negatively impacting the equity markets, yields will move inversely. AS a matter of fact, the yield on the 10 year is currently sitting at 1.664%. It is set to close out...