Market Pulse: Death Cross in Gold Miners as Bitcoin Doubles

    212

    We cited the bullish potential in gold prices late last year. This played out as expected, but there hasn’t been any follow-through. Now some bearish patterns are taking hold.

    Click here to view the related idea and chart analysis on TradingView.

    Advertisement
    Trade in milliseconds

    Explore the most actively traded options

    Trade 600+ futures products on an advanced platform

    Previous articleMarket Pulse: Has Zoom Lost its Zip?
    Next articleMarket Pulse: VIX Keeps Sliding as the S&P 500 Holds 3800
    David Russell is Global Head of Market Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.