FintekNews compares the price of Bitcoin, Gold & Major Market Averages on a daily basis, and uses the Chicago Mercantile Exchange’s (CME) bitcoin indexes (BRR & BRTI) for bitcoin pricing.
8/28/17 Closing Prices:
Bitcoin: $4,313.46 (-$47.45) Gold: $1,311 (+$20.00) Dow Jones Industrials: 21,808.40 (-5.27) S&P 500: 2,444.24 (+1.19) Nasdaq Composite: 6,283.02 (-+17.37)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Monday, 8/28/2017
- Its GOLD day. Gold breaks out through $1,300
- GOLD finally get through resistance. Upside target $1,350
- Buy GOLD with sell stops at $1,290-$1,295
- Bitcoin settles down slightly
- Bitcoin poised to move to$5,000 BUT gold has trader's attention for now
- LONG TERM BULLISH ON BITCOIN & GOLD
Current TRADING Positions: LONG BITCOIN & LONG GOLD
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here