{"id":61734,"date":"2025-05-21T08:10:41","date_gmt":"2025-05-21T08:10:41","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=61734"},"modified":"2025-05-21T08:36:30","modified_gmt":"2025-05-21T08:36:30","slug":"gold-rallies-as-the-dollar-weakens-2","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/","title":{"rendered":"Gold rallies as the dollar weakens"},"content":{"rendered":"<h4>Summary<\/h4>\n<ul>\n<li>The S&amp;P 500 is consolidating below 6000, and financial market liquidity is improving<\/li>\n<li>However,\u00a0US stocks are underperforming their global counterparts<\/li>\n<li>Gold rallies as LT Treasury yields rise and the dollar weakens<\/li>\n<\/ul>\n<hr \/>\n<p>The S&amp;P 500 is consolidating between 5800, its former primary support level, and 6000 on the weekly chart below. Breakout to a new high would signal a return to bull market conditions, but we expect strong resistance between 6000 and 6100.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png?resize=525%2C404&#038;ssl=1\" alt=\"S&amp;P 500\" width=\"525\" height=\"404\" \/><\/p>\n<p>The Dow Jones Industrial Average has similarly recovered above former primary support at 42K, but does not yet signal a reversal to a primary uptrend.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-dow.png?resize=525%2C404&#038;ssl=1\" alt=\"Dow Jones Industrial Average\" width=\"525\" height=\"404\" \/><\/p>\n<p>US stocks continue to underperform their global counterparts, with the broad DJ US Index (DJUS) lagging the Dow Global ex-US ($W2DOW).<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-djus-w2.png?resize=525%2C404&#038;ssl=1\" alt=\"DJ US Index ($DJUS) &amp; DJ World ex-US ($W2DOW)\" width=\"525\" height=\"404\" \/><\/p>\n<h2>Financial Markets<\/h2>\n<p>Bitcoin reached a new high at 107K, signaling strong risk appetite in financial markets.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-btc.png?resize=525%2C270&#038;ssl=1\" alt=\"Bitcoin (BTC)\" width=\"525\" height=\"270\" \/><\/p>\n<p>A sharp fall in high-yield (junk) corporate bond yields signals improving credit availability in financial markets.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-hy.png?resize=525%2C372&#038;ssl=1\" alt=\"Junk Bond Spreads\" width=\"525\" height=\"372\" \/><\/p>\n<h2>Treasury Markets<\/h2>\n<p>10-Year Treasury yields are retracing to test new support at 4.5%. Respect will likely confirm our target of 5.0%.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-tnx.png?resize=525%2C404&#038;ssl=1\" alt=\"10-Year Treasury Yield\" width=\"525\" height=\"404\" \/><\/p>\n<h2>Economy<\/h2>\n<p>The Conference Board&#8217;s leading economic index plunged sharply to 99.4% in April, the 1.0% drop following a 0.8% fall in March. The LEI is blue on the chart below.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-lei.png?resize=525%2C309&#038;ssl=1\" alt=\"Conference Board Leading Economic Index\" width=\"525\" height=\"309\" \/><\/p>\n<p>Widespread weakness across the LEI&#8217;s ten components warns of a broad slowing of the economy.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-lei-components.png?resize=525%2C344&#038;ssl=1\" alt=\"Conference Board Leading Economic Index - Components\" width=\"525\" height=\"344\" \/><\/p>\n<p>The LEI below 100 warns of a recession ahead (black line below), but six-month growth in the LEI (blue below) has not quite reached -4.1%, which would trigger a recession signal (red).<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-lei-warning.png?resize=525%2C347&#038;ssl=1\" alt=\"Conference Board Leading Economic Index - Recession Signals\" width=\"525\" height=\"347\" \/><\/p>\n<h2>Dollar &amp; Gold<\/h2>\n<p>The Dollar Index is retracing to test the band of support between 98 and 100. Breach of support would signal long-term dollar weakness, offering a target of 90.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-dxy.png?resize=525%2C404&#038;ssl=1\" alt=\"Dollar Index\" width=\"525\" height=\"404\" \/><\/p>\n<p>Gold found support at 3200 and, after breaking above 3250, is headed for a test of resistance between 3400 and 3500. Our long-term target is 4000 by the end of 2025.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-gold.png?resize=525%2C404&#038;ssl=1\" alt=\"Spot Gold\" width=\"525\" height=\"404\" \/><\/p>\n<p>Silver is testing resistance at 34. Breakout would offer a target of 39.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-silver.png?resize=525%2C404&#038;ssl=1\" alt=\"Spot Silver\" width=\"525\" height=\"404\" \/><\/p>\n<h2>Conclusion<\/h2>\n<p>The S&amp;P 500 is rallying as financial market liquidity improves, but we expect strong resistance between 6000 and 6100. US stocks continue to underperform their global counterparts, while the Conference Board&#8217;s leading economic index warns that the US economy is headed for recession.<\/p>\n<p>10-year Treasury yields are rising, and respect of support at 4.5% would offer a target of 5.0%, another bear signal for stocks. The dollar is weakening, reflecting international capital outflows from US financial markets. A breakout of the Dollar Index below long-term support at 100 would warn of another decline, with a target of 90.<\/p>\n<p>Gold is rising as the dollar weakens, and we expect another test of resistance between 3400 and 3500. Breakout would signal a fresh advance towards our long-term target of 4000 by the end of 2025.<\/p>\n<h4>Acknowledgments<\/h4>\n<ul>\n<li>CoinDesk: <a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\">Bitcoin<\/a><\/li>\n<li>The Conference Board: <a href=\"https:\/\/www.conference-board.org\/topics\/us-leading-indicators\">Leading Economic Index<\/a><\/li>\n<li>Federal Reserve of St Louis: <a href=\" https:\/\/fred.stlouisfed.org\/\">FRED Data<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Summary The S&amp;P 500 is consolidating below 6000, and financial market liquidity is improving However,\u00a0US stocks are underperforming their global counterparts Gold rallies as LT Treasury yields rise and the dollar weakens The S&amp;P 500 is consolidating between 5800, its former primary support level, and 6000 on the weekly chart below. Breakout to a new &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gold rallies as the dollar weakens&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31,6,9,34,35],"tags":[69,5056,5858,6865,6864,1073,1113,6472,3010,3204,3206],"class_list":["post-61734","post","type-post","status-publish","format-standard","hentry","category-the-fed-banks-interest-rates","category-fixed-income","category-gold-precious-metals","category-us-canada-countries-regions","category-us-dollar-index","tag-10-year-treasury-yield","tag-bitcoin-btc","tag-conference-board-leading-economic-index","tag-dj-global-index-ex-us-w2dow","tag-dj-us-index-djus","tag-dollar-index","tag-dow-jones-industrial-average","tag-high-yield-corporate-bond-spreads","tag-sp-500","tag-spot-gold","tag-spot-silver"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gold rallies as the dollar weakens - 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=\"Gold rallies as the dollar weakens - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Summary The S&amp;P 500 is consolidating below 6000, and financial market liquidity is improving However,\u00a0US stocks are underperforming their global counterparts Gold rallies as LT Treasury yields rise and the dollar weakens The S&amp;P 500 is consolidating between 5800, its former primary support level, and 6000 on the weekly chart below. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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Breakout to a new &hellip; Continue reading \"Gold rallies as the dollar weakens\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/","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":"2025-05-21T08:10:41+00:00","article_modified_time":"2025-05-21T08:36:30+00:00","og_image":[{"url":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"Gold rallies as the dollar weakens","datePublished":"2025-05-21T08:10:41+00:00","dateModified":"2025-05-21T08:36:30+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/"},"wordCount":453,"commentCount":2,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png","keywords":["10-Year Treasury Yield","Bitcoin (BTC)","Conference Board Leading Economic Index","DJ Global Index ex-US (W2DOW)","DJ US Index (DJUS)","Dollar Index","Dow Jones Industrial Average","High-Yield Corporate Bond Spreads","S&amp;P 500","Spot Gold","Spot Silver"],"articleSection":["Banks &amp; Interest Rates","Fixed Income","Gold &amp; Precious Metals","US &amp; Canada","US Dollar Index"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/","name":"Gold rallies as the dollar weakens - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png","datePublished":"2025-05-21T08:10:41+00:00","dateModified":"2025-05-21T08:36:30+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Gold rallies as the dollar weakens"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454","name":"Colin Twiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","caption":"Colin Twiggs"},"description":"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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.","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-g3I","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":62171,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/07\/22\/sp-500-weakens-and-gold-rallies\/","url_meta":{"origin":61734,"position":0},"title":"S&#038;P 500 weakens and gold rallies","author":"Colin Twiggs","date":"July 22, 2025","format":false,"excerpt":"Key Points The S&P 500 closed above 6300 for the first time, supported by strong liquidity But declining Trend Index peaks warn of a retracement Consumer Confidence remains weak, and the Conference Board Leading Economic Index signals a recession Gold and silver rallied as the dollar weakened The S&P 500\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-21-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-21-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-21-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":42731,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/06\/24\/gold-crude-and-the-dollar\/","url_meta":{"origin":61734,"position":1},"title":"Gold, Crude and the Dollar","author":"Colin Twiggs","date":"June 24, 2023","format":false,"excerpt":"The S&P 500 continues to retrace to test the band of support between 4200 and 4300. Respect would signal a fresh advance but the odds of breach appear higher than they would normally in a breakout. The equal-weighted S&P 500 respected resistance at 6000 and is now retreating. Expect strong\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-23-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-23-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-23-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":63599,"url":"https:\/\/thepatientinvestor.com\/index.php\/2026\/02\/11\/can-the-dow-hold-above-50000\/","url_meta":{"origin":61734,"position":2},"title":"Can the Dow Hold Above 50,000?","author":"Colin Twiggs","date":"February 11, 2026","format":false,"excerpt":"Key Points The Dow Jones Industrial Average reached a new high above 50,000, but the Roundhill Magnificent 7 ETF (MAGS) is testing primary support. Bitcoin plunged to below 70,000, warning that markets are shedding risk. Gold recovered above $5,000 per ounce amid growing investor demand for a safe haven. The\u2026","rel":"","context":"In &quot;Cryptocurrency&quot;","block_context":{"text":"Cryptocurrency","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/cryptocurrency\/"},"img":{"alt_text":"Dow Jones Industrial Average","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2026\/2026-02-10-dow.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2026\/2026-02-10-dow.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2026\/2026-02-10-dow.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":41209,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/03\/11\/banks-fall-gold-rallies-bonds-tremble\/","url_meta":{"origin":61734,"position":3},"title":"Banks fall, Gold rallies, Bonds tremble","author":"Colin Twiggs","date":"March 11, 2023","format":false,"excerpt":"The S&P 500 retreated from the band of resistance between 4100 and 4300, signaling another test of primary support at 3600. Breach of primary support would offer a target of 3000. Banks led the fall, with the S&P 500 Banks Index ($SBIX) plunging to test primary support between 290 and\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-10-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-10-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-10-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62072,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/06\/27\/sp-500-breakout-but-no-buy-signal\/","url_meta":{"origin":61734,"position":4},"title":"S&#038;P 500 breakout but no buy signal","author":"Colin Twiggs","date":"June 27, 2025","format":false,"excerpt":"Summary The S&P 500 and Nasdaq reached new highs, but the Dow has not yet confirmed the breakout Liquidity is strong, and long-term Treasury yields are softening But the Conference Board Leading Economic Index warns of a recession The dollar keeps falling, and demand for gold remains strong, flagging high\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-26-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-26-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-26-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62177,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/07\/24\/stocks-rally-on-japan-trade-deal\/","url_meta":{"origin":61734,"position":5},"title":"Japan trade deal boosts prospects for a bull market","author":"Colin Twiggs","date":"July 24, 2025","format":false,"excerpt":"Key Points Donald Trump's announcement of a trade deal with Japan boosted stocks Stocks are supported by strong financial market liquidity But a weakening dollar is boosting demand for gold and silver Announcement of a US trade deal with Japan soothed market concerns over tariff turmoil. The surprise is that\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-23-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-23-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-23-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/61734","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=61734"}],"version-history":[{"count":4,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/61734\/revisions"}],"predecessor-version":[{"id":61741,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/61734\/revisions\/61741"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=61734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=61734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=61734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}