$70bln 5y auction tails 1.3bp (prior 0.4bp tail, 6 auction avg 0.1bp stop thru)

TREASURY WI 5Y YIELD 4.540% BEFORE $70 BILLION AUCTION

U.S. FIVE-YEAR NOTES DRAW 4.553%; ALLOTTED AT HIGH 96.34%

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XAUUSD 😐 We noticed that Gold had formed a symmetrical triangle consolidating near a strong level. MA50 fell below MA200,

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