Precious Metal (Gold) next move depended on US10Y Yields.

US10Y Yields remain crucial in determining GOLD's next directional move (remember the strong inverse correlation between the 2). Yields made a strong move to the upside, but the bearish triangle pattern in my chart is still in place and price remains in a Bearish Bias long-term. Until that changes, the bias for US10Y Yields is bearish and the precious metal is Bullish.

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