ssari

BTC and GOLD observation (Y20.P1.E19).MACRO

ssari Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi All,

Just keeping it short, nice day outside.

Observations:
> Looking at the GOLD price today, its dropping.
> BTC just did a nice high move and hitting a key resistance line.
> In the past few weeks and months, they were in sync.

Note > The lime bars represent the same day reference point\start (bottom support) and % increase

Thoughts:
Does this mean, BTC will drop as well?
I also have a fractural on BTC at this range. Historically we seen ranging price action below a key resistance.
I think the LIKELY hood for this to happen is high.



Please don't forget to give me a tick\like, as I would appreciate it.

Regards,
S.Sari /CryptoProspa
(for my reference > Macro.charts)

BTC 4 HRLY chart (Master.copy)






Comment:
It looks like Gold is to bounce off the cradle zone on the 20 EMA on the daily

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