habinator
Gold has reached the midline of the channel on the weekly time frame and there is a high possibility of a heavy fall from this point. An approximate number that can be considered for it could be 3275.
At the intersection of the midline of the two ascending and descending channels, there is a possibility of a short-term upward price reversal.
I think the market will surprise everyone here and go bullish. Bitcoin is still in its ascending channel and has made a good bottom. Of course, this is my personal opinion.
Everything seems ready for the climb. On the one-hour timeframe, the 200 MA and the channel floor are ready to support the price, and a great rally is likely in store for the Dow Jones.
Overall, it looks like the Dow Jones is going to be bullish.. but it's not going to be that easy. If you follow the channels, you can draw a road map for yourself.