Gold is currently sitting at the 40 month moving average. There is plenty of time left on the 2 month candle though. Time will tell whether it manages to hold or not, but I'm leaning towards not. If it doesn't hold, next stop seems to be at around 1600.
BTC is threatening to lose support at the upper yellow line and weaken against the nasdaq,
at which point it would likely move within the falling wedge down to the next yellow line. The lower yellow line could mark the bottom of the bear market. If not, the red line seems like a likely target for BTC to find support.
It appears BTC/QQQ^2 is traveling in a falling wedge. For now it has bounced but it doesn't look like it will hold for too long. It seems that the next major support is a decent ways down at the second yellow line.
