GOLD is now not a hedge against inflation
GOLD is not a safe heaven as OIL prices are in PEAK now.
GOLD has no other way to finish its supercycle wave to complete.
GOLD has given just 1.7% appreciation in value per year for the past 10 years($1536 to $1797)
As the Elliott(NEO)Wave count tells that GOLD is in 4thwave consolidation,(A,B) this metal has to finish it's wave ''C'' at 1416 before May'22,
GOLD will give negetive return AFTER A DECADE!
B SELVAM, NEO WAVE ANALYST
GOLD is not a safe heaven as OIL prices are in PEAK now.
GOLD has no other way to finish its supercycle wave to complete.
GOLD has given just 1.7% appreciation in value per year for the past 10 years($1536 to $1797)
As the Elliott(NEO)Wave count tells that GOLD is in 4thwave consolidation,(A,B) this metal has to finish it's wave ''C'' at 1416 before May'22,
GOLD will give negetive return AFTER A DECADE!
B SELVAM, NEO WAVE ANALYST