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The Day Ahead: AM Edition 2021-06-25

The Day Ahead: AM Edition 2021-06-25

Bonds slipping lower. Can it drag gold down a bit with it?

Jun 25, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-06-25
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Bonds

ZB finally break down out of the consolidation that I’m calling a wave (IV). Now testing a minimum target for (V) at 158^27. I’d like to see lower to 158^00 but no guarantee. Best for bears that any minor bounce remain under 159^11.

At first candidate for (V) of [I]

Crude Oil

CL tested and held 72.59 yesterday and is pushing up from 73.23 today. Likel…

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