The battle of Gold against Bitcoin...

...has so far - and that since November 2017 for almost 3 years already - not yet produced a clear winner.

Everything dances around the center line 0.19.

Go figure!

评论:

Given the long-term trend of the market and the nature of this range-bound development, I believe that a profit trading strategy could very well be derived from this:

If the XAU/BTC ratio is above 0.19, bet your money on Gold.
If it is below, bet everything on Bitcoin.

It is not trading advice, you must use your own wits to decide what is right for you.

评论:

To get the most out of it, one more free advice from me: The range seems to extend from about 0.38 to 0.11. The best way to ride is to change positions at the top and bottom of the range, but not on the center line - you won't win anything there.

So, at the moment as we are almost "in the middle" at 0.19, it doesn't really matter if you hold Gold or Bitcoin, but as soon as the ratio approaches 0.38 again, I would probably change my Gold to Bitcoin, or if it's 0.11 or so, you should sell Bitcoin and buy Gold if possible.

This immeasurably valuable advice was presented to you completely free of charge by
ReallyMe

Stay safe & stay healthy!