Jordan Roy-Byrne CMT, MFTA ⛏⛏
@TheDailyGold
The first hike of a new Fed tightening cycle marks a low in Gold when Gold weakens into the decision.
The bigger signal comes when the 2-year Treasury yield peaks.
After the last three peaks in the 2-year yield, Gold surged:
+215% in 2.3 years
+78% in 1.8 years
+63% in 9 months