Gold quickly recovered after this pullback to 4066, and the bulls are clearly still in control. Support has moved up to 4027. As long as it holds and doesn't form a double top, the upside target is 4200–4250.
My take: Strength in gold often signals rising risk aversion. At times like this, $BTC 's independent price action is worth watching, and $ETH also has greater upside potential. As long as the pullback holds above key levels, the trend remains intact.
#BTC #Crypto
My take: Strength in gold often signals rising risk aversion. At times like this, $BTC 's independent price action is worth watching, and $ETH also has greater upside potential. As long as the pullback holds above key levels, the trend remains intact.
#BTC #Crypto
