9:06 am PST. GOVT is catching a bid here. The wave pattern looks like a completed a-b-c correction. If we close above 24.93, which was the big print from the other day, that is going to be very bullish. We have a potentially very bullish technical set up in treasuries, which would also be bullish for gold. GOVT, TLT, GLD, SLV have similar price patterns.