Gold on its final part of the long pullback. Gold will start to rise again after testing the liquidity zone of 1670. Quantitative easing on its way in the US and in other OECD economies. Cryptos are too volatile to be considered a safe asset. Btc is not really money, Buying goods with BTC will always keep a lingering thought it could have gone higher, while sellers accepting btc will always worry about its sudden drop. Gold is not tracable. the Identity of the handler is never embedded in the gold bar. So the Golden story is not done yet. Lets not forget BTC is being referred to as the Gold standard of Crypto. This means Gold still retains its shine.
So when do we start buying Gold? My opinion, when the price is in the 1670 range.
So when do we start buying Gold? My opinion, when the price is in the 1670 range.
