I am not calling Wednesday a breakout. The 10-Year U.S. Treasury yield sat near 4.36% and that number has not moved enough to change my read. That yield is the reason I stay cautious on the upside even after a session like this. Bullion carries no yield. When investors can collect 4.42% sitting in Treasuries, the argument for holding gold gets harder to make. The dollar drop and the crude selloff gave gold a good day. The 10-Year U.S. Treasury yield is what keeps that good day from becoming a trend. The cei ...