Gold unable to sustain push
The slump in bitcoin today is serving as a reminder that gold has a 10,000 year history as a store of value.
Gold traders are also keeping a close eye on Treasuries as 10-year yields briefly fell below the 100-day moving average.
Still, after a pop to $1796, gold has sagged back to $1789. In the bigger picture though, gold is consolidating below $1800 after springing from the double bottom at $1675.