Gold and silver are showing bullish resiliency this morning as the upside breakout extension in the dollar has not thrown prices into negative territory.

While the action in the treasury markets is not distinct this morning, gold and silver traders appear to have shifted some of their focus back to currency action.

On the other hand, the markets are betting heavily on a top in US treasury Note yields at 5% and a breakout above that could compound the negative impact from the surging dollar...[MORE]

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