A few charts and indicators on gold and Treasuries
The Fidenza Macro meetup in Kuala Lumpur was a lot of fun - we had some great conversation about topics such as how to get into trading careers, where crypto goes from here, and my decision to leave banking to trade for myself.
Gold
Variant Perception has an indicator called the LPPL bubble climax which gives a reversal signal when a rapid rise in price is about to reverse. This triggered for gold this week.
This signal has a strong track record in gold and has predicted many previous price reversals.
30 year Treasuries
Sentimentrader’s 30-year Optix indicator shows excessive bullishness in Treasuries, which tends to signal poor returns going forward.
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