In my opinion, there is more reason than there has been over the past two weeks for those long from that $1905 area to hold onto the winning trade.And here are the exact same chart parameters applied to BTC:
The bottom for gold may have come on yesterday’s pre-market washout. BlackRock CEO Larry Fink proclaiming the uselessness of gold on CNBC while his company has an application in for a spot Bitcoin ETF with the SEC could be the ultimate final sign.Jonathan Da Silva Contributing to kitco.com
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