Gold is pushing against a door that has been closed for 50 years.

Struggle Between Gold and Bitcoin

Gold is threatening a resistance zone seen during 2011 and the early 1970s against the U.S. money supply. This zone was only clearly surpassed during the significant rise in the late 1970s. Currently, Bitcoin, a digital asset referred to by some as digital gold, is testing support near the lows of the 'tariff crisis' in April. This level also represents the previous cycle peak in March 2024.