Part 1: Current Global Economic Trends:

Last Friday, gold and the NASDAQ both declined. The main reason is the global sell-off of government bonds, with bond yields rising.
The benchmark 2-year U.S. Treasury yield rose nearly 9 basis points to 4.079%, significantly above the Federal Reserve's 3.7% policy rate ceiling;
The benchmark 10-year U.S. Treasury yield surged nearly 14 basis points to 4.595%.
The benchmark 30-year U.S. Treasury yield jumped nearly 11 basis points to 5.127%, the highest closing level since July 2007.

Part 2: Some may ask, if people are selling bonds, why are bond prices still rising? Here's a quick explanation:
Buying government bonds = lending money to the government, receiving fixed interest, and getting back the principal at maturity.
When everyone is selling bonds in the market, it means no one wants to buy, and the market price of bonds will fall.
But the bond's coupon interest and principal at maturity are fixed. When the price drops, you pay less money to get the same interest and principal, so the actual yield (market interest rate) passively increases.
Here's a simple example:
A bond with a face value of 100 yuan and a coupon interest of 5 yuan, originally priced at 100 yuan, yields = 5/100 = 5%.
Now everyone is selling, and the price drops to 90 yuan. You buy at 90 yuan, and at maturity, you still receive 100 yuan principal + 5 yuan interest. The actual yield is 15 yuan, yield rate = 15/90 ≈ 16.7%.

Part 3: So: selling → price drops → yield rises.
Conclusion: Bond selling is not just about selling today and buying tomorrow; it's a trend. Moreover, the Federal Reserve not only won't cut interest rates but may also raise them, which is also bearish for gold. Let's wait and see on Monday.
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In the future, I will organize and review my coin-related posts for everyone's summary and discussion:
Historical performance only counts subscription posts, all are predictions:
Stop loss: ---------❌ Percentage increase: ------📈
Take profit: ---------👍🏻 Percentage decrease: -------📉
Early take profit: -----👌🏻 Performance statistics are spot trading calculations
Holding: ---------❗
January total return 118.3%
February total return 105.5%
March total return 40.6%
May 10th, SUI 1.09 long, take profit at 1.25 14.6%👍🏻
May 12th, BEAT 0.595 short, take profit at 0.547 8%👍🏻