Gold and Bitcoin making further progress this morning

Since the last update here on Gold this morning, noted the metal closing in on the highs seen yesterday, the metal has jumped higher. The acceleration kicked in once it took out the high seen yesterday, at $2,181.31. It looks like robot traders jumped on the move and that saw it reach a high so far at $2,195.27. Of course $2,200 is the next big round number, very much on the radar now today. At the same time, the rise in gold and slightly lower dollar has helped Bitcoin to make a move back above $71k. Earlier it did reach a new session high at 71,562, but then backed off to below 70,500. However, this further rise in Gold appears to have helped it lift back above 71k again. Gold has backed off a bit now though, currently trading at $2,191.75