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Oil is topped. Gold is bottomed. #Bitcoin is bottomed. I've covered Gold and Oil recently, in which I think that Oil is done for now and that the worst is behind us. Gold has…

Michaël van de Poppe
Published: 2026-11-04 11:32 UTC
Collected: 2026-11-04 12:49 UTC
Original language: Not supplied by source

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Oil is topped. Gold is bottomed. #Bitcoin is bottomed. I've covered Gold and Oil recently, in which I think that Oil is done for now and that the worst is behind us. Gold has swept all the lows (a…

Oil is topped. Gold is bottomed. #Bitcoin is bottomed. I've covered Gold and Oil recently, in which I think that Oil is done for now and that the worst is behind us. Gold has swept all the lows (and as you can see, I was expecting to see a lower low here). However, with this recent break back above this support level, it might be the case that we're going to see a rally from here onwards. It's still not proven that we're in a bull back on Gold, but it's quite clear that we can have a rally after the lows have all been swept (it simply didn't go as low as I wanted it to see).

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