GOLD is OVER ?GoldOANDA:XAUUSDYugginVestorTake a look at Gold. 5 Elliott Waves complete, rising wedge, RSI bearish divergence, MACD rolling over while price was still making highs. The structure is done. But here is what makes this even more interesting — gold is supposed to be the safe haven, yet yields are rising, inflation is running hot on oil supply issues, equities are somehow still near all time highs, and real estate hasn't budged. Everything is overvalued at the same time. When the unwind comes, gold doesn't get a pass — it gets sold to cover everything else. -28% target puts us at $3,528. Mean reversion is not a question of if, it's when.