US10Y in-depth analysis - Why I think we will see Gold above 2k

In this video I am going to show you why I think that we will have a major decrease in bonds price this year. This is due to the fact that we are currently trading in a wedge shape, or a so-called Elliot Wave Diagonal which is characterized by a 5-Waves-Pattern, of which every inner wave is shorter than the first impulsive wave.

Fundamentally spoken, I do assume that rate hiking might already priced in the current Dollar and Bond prices. Therefore FED rate hike announcement might be the catalyst for several sell-off waves.

If you liked this analysis, please leave a like a comment and a subscription.
Thanks.
RT