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BTC near session lows as Gold falls further too-Here is the thing (corrected)
Earlier today an update here noted how we are seeing liquidation in both Gold and Bitcoin to cover losses in the tech sector and the Nasdaq 100 and if you look at the screen right now you will see gold has just hit a session low underneath $2,360 and BTC is close to session lows too. However, you can also see right now, as the Nasdaq 100 just comes off the lows, both those instruments are attempting to do the same. The immediate correlation between them is therefore clear to see, so it you want to trade either BTC or gold, best you keep a close eye on the Nasdaq 100 price action
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EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
