Jesse Livermore was one of the most successful traders in the world. He said that traders should always buy at the point of least resistance. That point of least resistance is right after resistance is broken. Whenever resistance is broken to the upside (downside), the probability is the highest for a strong move to the upside (downside). I call this the "breakout" point.
Gold is now pushing up against strong resistance at $1800/ounce. Once that level is broken to the upside, there is no upper limit anymore. Everyone on this planet who bought gold will be in the money and there won't be any reason to sell anymore.
Bitcoin is still in a trading range, so we need to wait for a breakout.
For more info watch this video.
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