DJI / GOLD in a end of consolidation ZoneThe performance or price of gold might determine the future price of DJI/Equities. It looks like it is 'on the balanced state and Can stay there for some time. Meaning, the ratio can be the same, prices of both Gold and equity can rise/fall at more/ less the equal percentage.
Possible outcomes:-
1. If the ratio remains the same, then the rise/ fall in both Gold & equity more/ less remains the same.
2. If there is a increase in the ratio, meaning there is an increase in equity value and Gold remaining the same or increase in equity and a decline in Gold.
3. a)If there is a decrease in the ratio, meaning there is a decrease in equity value and Gold remaining the same or
b) Decrease in equity and increase in Gold, which is very rare to happen only when there is minimal or zero economic activity due to war on other pandemic like situation)
Leaving option 3b above, I feel we are at the end of option 1 and about to start option 2.
