Analysis of gold price

Let me talk about some points first: 1. Gold jewelry does not have the value preservation function, but some fine products have a collection function. 2. The price increase of gold jewelry is greater than that of physical gold, and the decline is less than that of physical gold. 3. When buying jewelry, don't think about so many price issues. Good things can be met first. Let me talk about some points: 1. Gold jewelry does not hold value, but some fine products have a collection effect. 2. The price increase of gold jewelry is greater than that of physical gold, and the decline is less than that of physical gold. 3. Don't think about so many price issues when buying jewelry, good things can be met but not sought. The following data is in my own possession, and there is no previous data here: The price of gold has been steadily rising since 2004 and until March 2008. The reason is that due to economic development, the price of gold has been rising steadily. People’s living standards have improved, the nominal currency has increased, and the currency has been crawling inflation. This period of time gold has good investment and speculation value. From March 2008 to the present, international gold prices have experienced a rare decline in prices for three consecutive quarters over the years. Based on this, we can assume that March 2008 is the turning point. According to the analysis of common wave principles, it is necessary for the price of gold to break through $930 again and continue to rise to form an effective upward band. The current situation does not support this view. If based on other theories, I personally think that the formation of USD 1033.9 in March should be the peak of the following 3-5 years. Therefore, the price of gold should be a volatile downward trend. If the intermediate price rises, we can regard it as a rebound rather than a turnaround. The above are all my supervisor's conjecture, impropriety, please advise! Of course, I still support more defeats for everyone! Especially boutique! ! ! Previous: Gold stocks Next: Identification of true and false gold