Wow... I almost got liquidated while short scalping gold.
There was still some time before the indicator announcement, so I was taking it easy.
Right after I finished cleaning up my positions, it suddenly shot up ๐ฑ
It's the Dow Jones index. Because of the yellow markings, I thought it wouldn't go up easily, but it just went over them.
The sideways time on both sides is almost the same (amazing) ๐คฃ
As expected, when you break out of the sideways range, the energy is huge ใทใท
Gold also went up easily.
I wondered what was going on, but there weren't any special issues. It seems like the only thing is a slight drop in government bond yields.
๐บ๐ธ US 10-year: about 4.77% โ down about -2-3bp from the previous day's 4.794%
๐ฏ๐ต Japan 10-year: about 2.95% โ down about -5bp from the previous day's 3.002%
The Nikkei in Japan got hit by the upward beam, but it's still playing within the downtrend channel.
The Nasdaq tech stocks also got hit by the beam, but they're still playing within the channel.
Since the Dow broke through an important level first,
I think other things might follow suit.
