Bitcoin Gold

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.

8/31/17 Closing Prices:

Bitcoin: $4,720.78 (+$158.80) Gold: $1,323 (+$15.00) Dow Jones Industrials: 21,948.10 (+55.67) S&P 500: 2,471.65 (+14.06) Nasdaq Composite: 6,428.66 (+60.35)

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index

Trading Summary Notes for Thursday, 8/31/2017

  • BITCOIN jumps to new highs. Closer to $5,000
  • The bitcoin upward march continues. Momentum strong
  • Close to $5,000. Traders may want to place some protective sell stops
  • GOLD paused and consolidated above $1,300 successfully. Moving up nicely
  • Gold upside target of $1,350
  • Traders can buy GOLD with sell stops at $1,305-$1,310
  • LONG TERM BULLISH ON BITCOIN & GOLD

C

urrent 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