Gold last big rally was on the weakness of Bitcoin.
Seems now we're playing it the other way around.
Never seen Gold drop that fast - albeit after hours and before the Asian session.
While I was sure that all those poor souls that got long Friday would get run through - never imagined anything like this.
Note
ZeroHedge is calling this a Flash crash - 4 Billion Dollars was just sold off. The only reason - if its a reason is the strength of Bitcoin.
Note
Damn Gold/EURO hit my lower targets and I forgot I posted this.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.