We are going to review the price action and the volume of the considering the upward momentum that both assets have had in recent days.
In the case of gold, it must be taken into account that the price is returning to an important price level between 1,792,350 and 1,777,597. The latter may be a possible support in the next few hours.
In the case of, as we have pointed out this week, we are reaching $ 47,000. In daily and weekly charts, bitcoin is still bullish and that this is nothing more than a setback within the bullish momentum that has brought the last five weeks. It is important to note that on the weekly chart it is very likely that we will see a strong correction for the next few weeks, so if the bearish structure remains on the one-hour chart, we could be in the presence of that correction.
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