Morning all. Interesting chart from Bloomberg looking at the performance of $GOLD and $BTC I’ve added the Magenta lines to show the previous period where Gold outperformed Bitcoin and how it was Gold that consolidated while Bitcoin then played catch-up. Right now we have a similar divergence and it’s an […]
gold
3 posts
Evening all. Time for another look at $BTC and this time I’ve moved up to the weekly chart. A few days ago the daily 50ma gave way and there was a rapid test of the 200 day ma. Both failed unfortunately and I feel that the bullish picture is now […]
Morning all. Interesting to see $GOLD put in bit of a correction overnight and closed the Sunday night gap. I was looking at the start of January run higher in Gold when the US-Iran tensions spiked and price did a move above $1,600. As that tension dissipated, Gold put in […]