Safe heaven means ..!

The year today performance of Gold, S&P 500, Nasdaq100, and bitcoin Clearly shows:

It is Gold that is the best Hedge for High inflation and Bearish Markets..!

The gold market cap is almost 12 trillion dollars..!

Bitcoin Market cap is 800 billion, Technically it can not be the safe heaven for big money..!

TradingView Pattern recognition: Show Gold is just at the beginning of a decent rally..!

snapshot


You can see the most important support(green line) and resistance (red line) levels.

Best,
Moshkelgosha

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I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.


Chart PatternsmoshkelgoshaTrend Analysis

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