I´ve shown a graphic pattern which I can imagine to occur - if BTC won´t crash at new in the next few days. (what is likely to happen at all) But as we could recognize BTG is not correlated to BTC 1 : 1 - so there is a little independence of the bigger brother.
other indicators (4h-candles) neutral to negative: MACD:< 0 but triggered and climbing RSI: < 50 Volume: relatively low MA 12: falling
If the mentioned szenario happens then only accompanied with a lot of volatility.
yeah this coin is an ok hedge it's sometimes in sync but often doesn't do wild wild swing with btc, and is less labile than bch. Still i think with this likely big correction she's back down to circa 200. Trade at your own risk.