{"id":19549,"date":"2019-12-07T02:14:18","date_gmt":"2019-12-07T02:14:18","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=19549"},"modified":"2019-12-07T02:30:02","modified_gmt":"2019-12-07T02:30:02","slug":"silver-bearish-for-gold","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/","title":{"rendered":"Silver bearish for Gold"},"content":{"rendered":"<p>Silver broke support at $16.80\/ounce, warning of another decline. Declining Trend Index peaks indicate selling pressure.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-12-06-silver.png?w=525&#038;ssl=1\" alt=\"Silver (USD\/ounce)\" \/><\/p>\n<p>Gold has yet to break support at $1450 but is likely to follow Silver if Treasury yields rise.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-12-06-gold.png?w=525&#038;ssl=1\" alt=\"Gold (USD\/ounce)\" \/><\/p>\n<p>Higher Treasury yields weaken demand for Gold; it increases the opportunity cost of holding precious metals with no yield. Rising Trend Index troughs warn of upward pressure on yields. Expect another test of resistance at 2.0%.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-12-06-tnx.png?w=525&#038;ssl=1\" alt=\"10-Year Treasury Yields\" \/><\/p>\n<p>A weakening Yuan (in USD) signals higher USD reserves held by the PBOC \u2014 and increased Treasury holdings (driving yields lower). Expect another test of primary support at 14 US cents.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-12-06-cny.png?w=525&#038;ssl=1\" alt=\"Chinese Yuan CNY\/USD\" \/><\/p>\n<p>China opted for a largely symbolic response to President Trump\u2019s signing of the Hong Kong Human Rights and Democracy Act. Increased sanctions against foreign NGOs are lame, according to <a href=\"https:\/\/mailchi.mp\/216b4680f1ff\/never-say-never-china-tip-sheet-december-3-2019\">Trivium China<\/a>:<\/p>\n<blockquote><p>Foreign NGOs, especially those dedicated to democracy and human rights, have virtually no latitude to operate in China as it is. Additional \u201csanctions\u201d are basically meaningless.<\/p><\/blockquote>\n<p>The weak response elicited a further push from Trump:<\/p>\n<blockquote><p>\u201cIn some ways, I like the idea of waiting until after the election for the China deal, but they want to make a deal now and we will see whether or not the deal is going to be right,\u201d Trump told reporters in London. [<a href=\"https:\/\/www.cnbc.com\/2019\/12\/03\/trump-says-it-might-be-better-to-wait-until-after-2020-election-for-a-china-deal.html\">CNBC<\/a>]<\/p><\/blockquote>\n<p>The US is set to impose further tariffs if the December 15 deadline is not met. Commerce Secretary <a href=\"https:\/\/www.cnbc.com\/2019\/12\/03\/wilbur-ross-says-china-trade-deal-after-2020-election-takes-away-leverage.html\">Wilbur Ross<\/a> suggested that waiting until after the 2020 election to reach a trade deal with China would take away some of Beijing\u2019s leverage, adding that &#8220;no high-level discussions are scheduled before the Dec. 15 deadline.&#8221;<\/p>\n<p>We can&#8217;t see the US caving in to Beijing&#8217;s demands to roll back existing tariffs, nor the CCP kow-towing to Trump. Expect further delays.<\/p>\n<h2>Australia<\/h2>\n<p>Australia&#8217;s All Ordinaries Gold Index is testing support at 6500. Breach would signal continuation of the downward trend channel. Breakout from the trend channel is unlikely but would warn that a bottom is forming.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2018\/2019-12-06-xgd.png?w=525&#038;ssl=1\" alt=\"All Ordinaries Gold Index\" \/><\/p>\n<h3>Patience<\/h3>\n<p>Gold remains in a long-term up-trend. The current correction may offer an attractive entry point but we need confirmation that the up-trend is intact.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silver broke support at $16.80\/ounce, warning of another decline. Declining Trend Index peaks indicate selling pressure. Gold has yet to break support at $1450 but is likely to follow Silver if Treasury yields rise. Higher Treasury yields weaken demand for Gold; it increases the opportunity cost of holding precious metals with no yield. Rising Trend &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Silver bearish for Gold&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31,42,9],"tags":[70,166,678,3204,3206],"class_list":["post-19549","post","type-post","status-publish","format-standard","hentry","category-the-fed-banks-interest-rates","category-chinese-yuan","category-gold-precious-metals","tag-10-year-treasury-yields","tag-all-ordinaries-gold-index","tag-chinese-yuan","tag-spot-gold","tag-spot-silver"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Silver bearish for Gold - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Silver bearish for Gold - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Silver broke support at $16.80\/ounce, warning of another decline. Declining Trend Index peaks indicate selling pressure. Gold has yet to break support at $1450 but is likely to follow Silver if Treasury yields rise. Higher Treasury yields weaken demand for Gold; it increases the opportunity cost of holding precious metals with no yield. Rising Trend &hellip; Continue reading &quot;Silver bearish for Gold&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-07T02:14:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-07T02:30:02+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2018\/2019-12-06-silver.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Silver bearish for Gold\",\"datePublished\":\"2019-12-07T02:14:18+00:00\",\"dateModified\":\"2019-12-07T02:30:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/\"},\"wordCount\":348,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2018\\\/2019-12-06-silver.png\",\"keywords\":[\"10-Year Treasury Yields\",\"All Ordinaries Gold Index\",\"Chinese Yuan\",\"Spot Gold\",\"Spot Silver\"],\"articleSection\":[\"Banks &amp; Interest Rates\",\"Chinese Yuan\",\"Gold &amp; Precious Metals\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/\",\"name\":\"Silver bearish for Gold - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2018\\\/2019-12-06-silver.png\",\"datePublished\":\"2019-12-07T02:14:18+00:00\",\"dateModified\":\"2019-12-07T02:30:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2018\\\/2019-12-06-silver.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2018\\\/2019-12-06-silver.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2019\\\/12\\\/07\\\/silver-bearish-for-gold\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Silver bearish for Gold\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\\\/2009 and 2020 bear markets well ahead of actual events. 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Rising Trend &hellip; Continue reading \"Silver bearish for Gold\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2019-12-07T02:14:18+00:00","article_modified_time":"2019-12-07T02:30:02+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/images\/2018\/2019-12-06-silver.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"Silver bearish for Gold","datePublished":"2019-12-07T02:14:18+00:00","dateModified":"2019-12-07T02:30:02+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/"},"wordCount":348,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-12-06-silver.png","keywords":["10-Year Treasury Yields","All Ordinaries Gold Index","Chinese Yuan","Spot Gold","Spot Silver"],"articleSection":["Banks &amp; Interest Rates","Chinese Yuan","Gold &amp; Precious Metals"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/","name":"Silver bearish for Gold - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-12-06-silver.png","datePublished":"2019-12-07T02:14:18+00:00","dateModified":"2019-12-07T02:30:02+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-12-06-silver.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2018\/2019-12-06-silver.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/07\/silver-bearish-for-gold\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Silver bearish for Gold"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-55j","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":19478,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/11\/22\/gold-treasuries-and-chinas-yuan\/","url_meta":{"origin":19549,"position":0},"title":"Gold, Treasuries and China&#8217;s Yuan","author":"Colin Twiggs","date":"November 22, 2019","format":false,"excerpt":"China's Yuan retreated against the Dollar, encountering resistance at 14.35 US cents as the seemingly endless trade talks hit another rough patch. Breach of recent support 14.15 would warn of another test of primary support at 14 cents. Chinese purchases have weakened 10-Year Treasury yields in the last two weeks.\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19598,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/01\/02\/gold-rallies-as-the-dollar-weakens-but-rising-yields-may-counteract\/","url_meta":{"origin":19549,"position":1},"title":"Gold rallies as the Dollar weakens but rising yields may counteract","author":"Colin Twiggs","date":"January 2, 2020","format":false,"excerpt":"Gold rallied off support at $1450, testing resistance at $1500\/$1520. Lower Trend Index peaks continue to warn of long-term selling pressure and another test of support at $1450 is likely. Silver is similarly\u00a0 testing resistance at $18.00\/ounce, while declining Trend Index peaks warn of LT selling pressure.\u00a0 Expect another test\u2026","rel":"","context":"In &quot;Chinese Yuan&quot;","block_context":{"text":"Chinese Yuan","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/chinese-yuan\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19570,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/14\/trade-deal-bearish-for-gold\/","url_meta":{"origin":19549,"position":2},"title":"Trade deal bearish for Gold","author":"Colin Twiggs","date":"December 14, 2019","format":false,"excerpt":"Donald Trump is talking up the prospects of a trade deal, while China remains non-commital, but experience has taught us to judge the two parties more by their actions than the rhetoric. The Chinese Yuan is strengthening against the US Dollar, testing resistance at 14.35 US cents. A strengthening Yuan\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19645,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/01\/18\/gold-testing-resistance-despite-dollar-rise\/","url_meta":{"origin":19549,"position":3},"title":"Gold testing resistance despite Dollar rise","author":"Colin Twiggs","date":"January 18, 2020","format":false,"excerpt":"Signing of the US-China phase one trade deal did little to quell demand for Gold, with the precious metal continuing to test resistance at $1560\/ounce. But a strengthening Dollar makes another test of primary support at $1450 likely. Silver is similarly testing resistance at $18 to $18.50, but declining Trend\u2026","rel":"","context":"In &quot;Chinese Yuan&quot;","block_context":{"text":"Chinese Yuan","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/chinese-yuan\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19456,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/11\/16\/gold-silver-and-treasury-yields\/","url_meta":{"origin":19549,"position":4},"title":"Gold, Silver and Treasury yields","author":"Colin Twiggs","date":"November 16, 2019","format":false,"excerpt":"10-Year Treasury yields retraced from resistance at 2.0% this week but rising Trend Index troughs indicate upward pressure on yields. Breakout above 2.0% would strengthen the signal. Higher long-term rates would increase the opportunity cost of holding Gold, reducing demand. China's Yuan penetrated its descending trendline against the Dollar. Similarities\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18222,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/17\/gold-retreats-as-the-dollar-strengthens\/","url_meta":{"origin":19549,"position":5},"title":"Gold retreats as the Dollar strengthens","author":"Colin Twiggs","date":"May 17, 2019","format":false,"excerpt":"China's Yuan fell sharply against the Dollar on imposition of tariffs by the US. Expect a test of primary support. The Dollar index strengthened. Follow-through above 98 would signal a fresh advance. The long-term target is 100. 10-Year Treasury yields are testing support at 2.40%. Breach would offer a target\u2026","rel":"","context":"In &quot;Chinese Yuan&quot;","block_context":{"text":"Chinese Yuan","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/chinese-yuan\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/19549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=19549"}],"version-history":[{"count":3,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/19549\/revisions"}],"predecessor-version":[{"id":19553,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/19549\/revisions\/19553"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=19549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=19549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=19549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}