Typically, BTC/XAU has had strong rejection between 0.8-1, depending on the value of BTC on the exchange that you consider.
XAU/USD just painted a reversal on the monthly, which could signal the end of a 4 year downtrend. Unless BTC/USD breaks all time high this month, we may see another strong rejection as we climb closer to parity again.
As I shared on twitter , https://twitter.com/onemanatatime/status..., it either breaks this week, or will consolidate for a further 3 months before breaking.
I think It's only a matter of time we see BTC > , but when will that happen?