Image Source: Pexels
A steepening in the yield curve to above 0 and in a vertical fashion indicates an imminent recession. The yield curve has steepened to -0.17 and flashing yellow.
If the steepening continues and accelerates, then it would be code red and super bullish for Gold.
Video Length: 00:06:45
More By This Author:
Gold Remains Rangebound As Silver Underperforms
Top 3 Technical Analysis Errors On Silver
Gold Makes New Yearly, Quarterly, Monthly Closing Highs
Comments
Log in or sign up to join the conversation.