VIDEO: US Yields Are Bearish For USD, But Bullish for Gold and Stocks in Current Market Conditions

Amid a Thanksgiving-induced market calm, this week saw the dollar stabilize and U.S. yields rise, hinting at only a temporary shift in market dynamics.

Hello traders,

Below is a new video update. Now, if you are interested in more content like this, make sure to check out Black Friday Sales at https://wavetraders.com/elliott-wave-plans/

At the same time, if you celebrated Thanksgiving, I hope you had some wonderful time with your family and friends. If not, I hope you had some good rest away from the screens because of the slow markets.

Now, what we have seen this week is that the dollar stabilized a bit due to Thanksgiving day, while the US yields turned up and stocks slowed down. However, this can be only a temporary "holiday market mood", so interesting developments can occur next week, when USD can see further weakness, but possibly will bring us some better levels first.

VIDEO:

https://youtu.be/qGslt6Dfdbc

Trade well,

Grega

https://twitter.com/GregaHorvatFX

Love the Elliott Waves analysis? Visit www.wavetraders.com for more analysis.