Gold Intraday Crash Review

Gold’s correction started out very choppy so that gives a certain amount of confidence that only a correction is taking place. The leading pattern was a diagonal, and we are now on the invisible bottom trend line as I post. Silver also took a bit hit today and I can understand it if the majority, still see stocks as a bullish investment.  Many think Bitcoin is an investment as nobody in their right mind can use something that swings as wild as Bitcoin does. 

This morning it took 8.75 gold ounces to buy one Bitcoin after which it proceeded to crash about $1800.  Bitcoin is “Not Gold” and it will never replace gold, even though they show you pretty golden Bitcoins,  as a brainwashing technique.  

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