A Perfect Bubble on the 1hr
After last week's auction which sparked US yields to rise it was obvious that a GDP miss in Japan would fuel US yields to higher intra-day highs. 
US10Y and 
USDJPY are closer correlated than 
DXY and USDPY because Japan is the largest holder of US Treasuries. Keeping all this in mind tomorrow Yellen will likely pivot back to hawk triggering gold to dip back to 1210-1208 by Wed. and the miners should sell-off strongly.
US10Y and USDJPY are closer correlated than DXY and USDPY because Japan is the largest holder of US Treasuries. Keeping all this in mind tomorrow Yellen will likely pivot back to hawk triggering gold to dip back to 1210-1208 by Wed. and the miners should sell-off strongly.
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