Analysis

Gold: Trading a safe haven in times of coronavirus [Video]

Gold is a great little market, not so little, but you know what I mean....and some traders are scared that it is volatile....it can be because it is a market that is a safe haven, so if there are wild swings in the stock markets and currencies because of natural disasters or things like Covid...Gold is seen as a safe place for investors....so the patterns that emerge in Gold do make this a really good market if you are a technical trader like myself...Personally I love trading Gold, even though it can give me a few scares along the way....Like Trump winning the election...I did not love Gold for a good 2 years after that....but we have made up now....and it has been a real profitable market over the last year or so....

 

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