General Notes:
Gold Price depends on many parameters; Significant ones are: Supply and Demand,
Political Turmoil,
Safe Haven, Dollar Index (DX), 10 Year U.S.Treasury Yield (10YR).
As first three parameters are outside the scope of charting, We provide Charts that incorporates
the influence of DX, and 10 Year Yield on the Gold Price Movement.
Bond Price/Yield reflects Economic Condions/Central Bank Actions.
Use:
The positioning of Double Top/Double Bottom
in these Charts will be
different from the ones on Gold Price Chart alone due to the influence of DX and 10 Year Yield on the Price of Gold;
Instead of placing trades based on Gold Price Chart only, one may adjust the Trade Decision
based on the Peaks and Troughs positions of these Factorised/Augmentecd Gold Price Charts.
10 YR (U.S.-German) Yield Spread influences DX/Euro Values; U.S. 10YR to 2YR/3Month
Yield Spread may indicate onset of Recession.
