Gold starting to look like a buy
“The yellow metal has also been under pressure from rising bond yields. The yield on the 10-year Treasury has been on the upswing, and as I’ve explained a number of times before, this can have a huge impact on the direction of gold prices.”
USAGOLD note: With that for openers, Holmes goes on to cite the 20-day and 60-day percent change oscillators as indicators of gold being in a buy zone.
Repost from 12-2-2020