Looks like week of Aug 10 will ensue the big sell off in gold (and probably also Bitcoin):
Do you know when the big sell off started the previous summer (from the 685$ high to 165$ bottom)? August 11th!
It made a nice double top 685$ and 665$ and the rest is history...
Will it repeat itself (315 and 305?)?
It wont repeat. Last summer bitcoin had convex PSAR, now it has concave PSAR (1w graph). It is moon time now. Is it good? Depends on which side you are...