US yields punch higher and this time it does have an impact on Yen and Gold- USD/JPY lifts towards 153.50

Since the last update here, US yields edge back a little and that allowed Gold to to hold the noted 50 day moving average at the first time of asking. The metal nailed $2,670.75 and rebound $3, or $4 but since then that US 10 year yield has lifted to session highs approaching 4.34% and that has been enough to kick gold through that 50 day moving average and fall just below $2,668. At the same time it has propelled the USD/JPY to even higher levels. The dollar has now lifted well above the first minor resistance level, at 153.23 and towards 153.50. It is currently trading at 153.42, so please keep an eye on those US yields because they are at the core of driving these two markets this time