The Day Ahead: PM Edition 2022-06-06
Gold and bonds lower
Bonds
ZB had a decent move down today and now is approaching the lower end of the range and thus about the right place to start looking for a (B) wave low in wave [IV]. Support at 135^25 and 134^15. The alternate is that wave [IV] is already in and relatively early in wave [V] down though I remain pretty skeptical about that option.
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