<Correlation between gold and government bond yields>

<Correlation between gold and government bond yields>

Since both gold and government bonds are considered safe assets,

There is a positive correlation between gold prices and government bond prices, and there is a negative correlation between gold prices and government bond yields.

Occurred because there is an opportunity cost of holding gold.

Gold does not yield a return, so if yields are high enough, capital moves from gold to government bonds, and conversely, if government bond yields are too low, they move in the reverse direction.

According to the graph, the inverse relationship between gold and the yield on 10-year U.S. government bonds is gradually decoupling.

🎯Gold's all-time high amid weak bond markets is expected to be a major headache for the Federal Reserve (and banks).

🎯 In particular, rising commodity prices such as crude oil are one of the tasks to be solved immediately. <Tesla will provide technical analysis of stock prices in the future>

In Tesla Technical Analysis
The most important thing to remember is
" 69"

First of all
From the time when the 2020 rise began in earnest
a) 2022 Highs
b) COVID-19 Low in 2023
to connect two things

If you measure the angle of the two trend lines
It's exactly 69 degrees

and a) from 2024
Following all the glass ceilings
Make another trend line

If you do that, the timing of the market's explosion will be
May 2025, I can tell

Even if the stock price moves along the trend line
If additional bad news is reflected in 2024
It could fall to the $140 level
However, since the low point of COVID-19 was $100
It's going to be harder to get out than that

From May 2025, the market price point
It's the same. It's 69 degrees
If you make a green trend line and connect it
facing each other at 69 degrees
A perfect parallelogram appears

If you do this
May 2027 sees it rise to $500
approximately $140 to $500
A return of around +257% is expected

I told you the cheat key
Keep it in mind

- I'm The Korean Top Class Chartist Park To-Mo Taemin -