Captain_Walker

Are Gold and Bitcoin no longer friends?

Education
OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is a brief educational post.

See the parting of ways between Gold and BItcoin .

We won't know if this means anything. But it's one to watch. This could be a short term separation.

Stay safe. Don't burn cash. Avoid FOMO. Have a good weekend. 👍😃🙏
Comment: Where we are now. The technical picture emerging is that Bitcoin is following closely the S&P500. There may be fundamentals that explain all this. Technical analysts are naturally focused on where the sentiment of the markets is heading. Note carefully that correlations or lack of, do not have to continue forever. Things can change very suddenly.
Tip of the day: if you're shorting anything do it at the peak of something to minimise risk of being scalloped. [Different perspective on the virus https://youtu.be/NjTdvALChwk ]

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out