Gold update 13.04.23

Yesterday Gold fell after the bullish CPI, clearing the liquidity from the buyers.

At the moment, I have no reason to believe that gold will turn bearish. Some people may see a trendline retest, others a head and shoulders. I see: daily closes for gold and silver were bullish, GDX made new higher high. So monthly, weekly and daily time frames are still bullish.

I will most likely change my bias when the 15 min manipulation zone breaks, but until then I am bullish on gold.



Silver



It seems that the breakout is confirmed.



GDX


As I said no signs of weakness.


Yields



They are still maintained from the channel.



Benchmark



Still no reason to switch bearish.