Are Bitcoin bulls about to join the gold market grind

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Are Bitcoin bulls about to join the gold market grind

Gold spot prices have rallied to $1930. The chart below is an update to the re-occurring chart I have been showing on the 4-hour time frame. Note how price is finding resistance exactly at the minor trendline within the channel. Prudent traders could be satisfied with the quick win from $1905.

That said, the adage is to let a winning trade play out and the weekly chart displayed below is showing signs that a turn maybe near, with momentum about flat-lining and price still well supported around the $1900 level. If you are a stacker and are prepared to be wrong in the event of another leg down to $1850, this may be a spot to add a tranche.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 13. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Kitco daily macro-economic/business digest - July 3
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »