OANDA:XAUUSD   Gold Spot / U.S. Dollar
Investors and analysts all around the world are concerned that gold does not behave as 'expected' in high inflationary environment. Those who follow my charts and accept the logic of Elliottwave (rather wizardry), are prepared for even worse decline later this year.

Meanwhile gold is bouncing and we might soon see different headlines touting gold and stocks as a hedge against inflation.

Do check the website for other charts and the story around bigger picture.

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