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.

9/19/17 Closing Prices:

Bitcoin: $3,982.10 (-$90.69) Gold: $1,311 (+$4.00) Dow Jones Industrials: 22,370.80 (+39.45) S&P 500: 2,506.65 (+2.78) Nasdaq Composite: 6,461.32 (+6.68)

Trading Summary Notes for Tuesday, 9/19/2017

• BITCOIN'S sharp rally looks exhausted. Heading back down?
• SOLD Bitcoin trading position at $4,007. To much negative move at the moment
• May be looking at another sharp drop and a test of last week's low.
• GOLD holding above $1,300 AND our trading buy area of $1,305-$1,310.
• U.S. Fed's FOMC meeting wraps up tomorrow. No rate increase expected. Gold was worried about that.
• Gold looks to resume upward move. Traders use stops $1,285-$1,290
• LONG TERM BULLISH ON BITCOIN & GOLD

C

urrent TRADING Positions: LONG GOLD

Past Market

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