Bond dipped below daily cloud does not look good. But when at the critical level, it is not rare to see bull/bear traps. So immediate reversal would give some positive sign for good R/R entry for bonds.
Looking in connection with Gold which seem to be breaking out shortly. Gold rally would be turbo boosted by TLT rally and DXY fall. The latter does still look weak in the near term.
So the coming one or two weeks should be very interesting. The potential rally if happens could be a rare fat tail event creating huge reward for weekly deep OTM options. But be aware of close to 100% loss. Bet with the size you can afford to lose all.
GL
Looking in connection with Gold which seem to be breaking out shortly. Gold rally would be turbo boosted by TLT rally and DXY fall. The latter does still look weak in the near term.
So the coming one or two weeks should be very interesting. The potential rally if happens could be a rare fat tail event creating huge reward for weekly deep OTM options. But be aware of close to 100% loss. Bet with the size you can afford to lose all.
GL