Crude $40, Gold $3,400, Bitcoin $10,000: Gravity Pulls Crude oil is retreating from another failed attempt to stay above $100 a barrel in 1H, with reversion inklings toward the lower end of its roughly 20-year range near $40 in 2H. At the same time, typical gold retracement scope may target what was resistance in April-August near $3,400 an ounce. Roughly $10,000 in Bitcoin -- about the 2018-20 mean and mode -- could act as a gravity-pull level for the first-born crypto, which faces an unlimited supply of substitutes. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/thft59rkv2tl{BI COMD} #bitcoin #gold #crudeoil @Bloomberg(Mike McGlone)