DSP World Gold Fund

Long term EW analysis - Value Wave Investment

The gold bugs index of mining stocks is ow taking off as gold and silver go into wave 3 of 3 at larger degree. Silver in particular is playing a big catch up. So the impact should finally be felt on the mining funds, and DSP world gold fund is charted below. Waves 1 and 2 done wave 3 started. The size of wave 1 was almost 85%. From the low of wave 2 that occurred recently if we add another 85% then we end up at 32.