Gold Spikes Above Key Technical Level As USDJPY, Bitcoin Tumble

As European markets closed this morning, all bids disappeared from USDJPY and the pair dropped back below 114.00. In its mirror-like manner, gold reflected this tumble and surged above its 100-day moving average over $1280.
As USDJPY rolled over so Bitcoin hit an airppocket at the european close…

This post was published at Zero Hedge on Nov 6, 2017.

 

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