My expectation is that the Dow Jones will break through the rejection point and decline trend line from October 2021. Once it does, there should be some bearish momentum, which will lead to a pullback to the rejection point and decline trend line, resulting in a move lower. At this point, gold should become very attractive, and it will be an opportune time to look for buying opportunities.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.