Yogigolf

DJI & GOLD at crossroads

Looking at the current consolidation of DJI/XAUUSD it could be forming a falling wedge but if the falling wedge fails a bearish pattern would be likely to form. Short term certainly favors gold over the DJI so we will see if it stays within the wedge or falls below the green line to set the larger trend. The current shorter term trend should provide confirmation in one direction or the other.
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