XAUUSD Buyers Have Work to Do

From dailypriceaction.com

Gold (XAUUSD) hasn’t performed well of late. And that’s an understatement. Since carving a 2020 high at 2075, gold has declined over 12%. While I still think XAUUSD will rally in 2021, it won’t do nearly as well as Bitcoin. If 2020 is any guide, Bitcoin will outperform gold by a long shot! So far this year, gold is up about 20%. Meanwhile, Bitcoin is up a staggering 167% this year. Bitcoin is also up 114% since I publicly mentioned my interest on May 5th. I was buying BTC starting in early April, which I also discussed in the Daily Price Action member’s area. So, while XAUUSD may offer some trading ... (full story)