![\"10-Year](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-10-tnx.png?resize=525%2C363&ssl=1\" "\\"10-Year")
<\/p>\nRising gold prices would normally signal increased inflation expectations and higher Treasury yields, but the present situation is distorted by tensions in Ukraine and increased demand for gold as a safe haven. The yield on ten-year Treasury Notes found support at 2.60 percent and is now testing medium-term resistance at 2.80 percent. Breakout would indicate an advance to 3.50 percent*; confirmed if there is follow-through above 3.00 percent. Bearish divergence on 13-week Twiggs Momentum continues to warn of weakness and reversal below 2.60 remains as likely, testing primary support at 2.50 percent.<\/p>\n
<\/p>\n
* Target calculation: 3.00 + ( 3.00 – 2.50 ) = 3.50<\/p>\n
Rising Treasury yields and a weakening dollar may reflect international outflows from the Dollar in search of a safe haven. The Dollar Index is testing primary support at 79.50\/79.60. Breach would signal a primary down-trend; confirmed if support at 79.00 is broken. The 13-week Twiggs Momentum peak below zero suggests further weakness.<\/p>\n
![\"Dollar](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-10-dxy.png?resize=525%2C363&ssl=1\" "\\"Dollar")
<\/p>\n
* Target calculation: 79.5 – ( 81.5 – 79.5 ) = 77.5<\/p>\n","protected":false},"excerpt":{"rendered":"
Rising gold prices would normally signal increased inflation expectations and higher Treasury yields, but the present situation is distorted by tensions in Ukraine and increased demand for gold as a safe haven. The yield on ten-year Treasury Notes found support at 2.60 percent and is now testing medium-term resistance at 2.80 percent. Breakout would indicate … <\/p>\n