Which way will you choose? Buy? Or sell? Tell me your opinion in the comment section below.
Dow Jones is near the famous top (34k). If it can not break the top it will fall and break the trend line in the first step. Then probably a pullback to the broken trendline , then fall to 31k. So if you are not in any position just be hold till its time.
Gold in this week can rise to the 2000$. Then the market probably start a correction and gives the Buyers another chance to Long the gold near 1900$.
It seems like Gold has finished a five-wave. Also according to the latest prediction about Federal Reserve’s interest rate target , it is expected 65% that they increase the interest rate again to 5.25. So be careful about your positions on gold or other dollar related symbols like XAG and indexes.