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GOLDUpcoming Week's Gold Market Analysis As you can observe from the chart, Gold is currently undergoing a pattern of five waves, indicating an impulse-correction sequence. Having closely monitored its ascent in line with our analysis, it's evident that Gold is displaying signs of weakening. A correction phase is essential before it can resume its upward trajectory. Our skilled traders are diligently identifying the optimal entry points for our valued clients. Don't miss out on the chance to benefit from our trading expertise this week. Join us to seize this opportunity! Note: All our trade insights are provided entirely free of charge.
OANDA:XAUUSD
by oraclpips
XAUUSD: 19/10 Today’s Trading StrategyGold prices experienced a strong rise yesterday, stimulated by risk aversion due to the possible expansion of the Palestinian-Israeli conflict. Gold soared nearly $40 during the trading day, hitting a high of 1962.5, before pulling back slightly. At the final close, gold closed up 1.28% at 1947.81. The daily line reached a maximum of 1962.9, and then began to consolidate under the influence of Bollinger's upper track pressure, and finally closed at 1947.4. However, the closing positive line indicates that the market is expected to continue to rise, and technically there is continued bullish demand. The 4-hour chart shows the market's unilateral rise in heavy volume, relying on the mid-track rise, and has not yet retreated and corrected. The current rate of increase is beginning to slow down, and may turn into a shock-type increase next. A direct rise indicates that the market is strong, has greater impact, and has better continuity. As the rally progresses, higher prices are bound to face greater resistance. Market adjustments and shocks are inevitable. At this time, the trader needs to have good market reading skills. The current support is around 1940, any pullback should be viewed as aggressively bullish and continue to focus on new highs. Regarding gold’s operating ideas, it is recommended to focus on long positions, with bullish calls on lows; the upper suppression point is 1968-1976. The important short-term resistance at the top is located at the 1975-1987 line, and the important short-term support at the bottom is at the 1940-1943 line. SELL:1942~1944 SL1938 TP1:1952 TP2:1958 SELL:1969~1972 SL:1976 TP1:1964 TP2:1958
OANDA:XAUUSD
by ActuaryJ
2
How to trade gold if the Gaza war escalates?Where does gold go if the Gaza war escalates and are downside targets for gold pointless to think about right now? Perhaps it is prudent to think about some short-term retracements, but it does appear that the war will escalate or at least tensions remain heightened for quite some time, which is bullish for gold. The latest event that could escalate the Gaza war is the blast at the Al-Ahli hospital in Gaza City that is said to have killed 500 people. Initially attributed to Israel, it is now looking more likely that it was caused by a rocket misfired from within Gaza. This was echo by U.S. President Joe Biden during his visit to Tel Aviv on Wednesday where he also pledged U.S. solidarity with Israel. Gold has already risen by more than $120 since the October 7th attack, and around $80 since last Friday. RSI is above the midpoint for most timeframes, but this indicator’s accuracy might be compromised considering the wider geopolitical context. $1,960 is the obvious upside target to be cleared, and then we might want to simply look at physiological levels rather than technical levels considering the unprecedented nature of the events that might be driving the gold price right now.
BLACKBULL:XAUUSD
by BlackBull_Markets
XAUUSD: 18/10 Today’s Trading StrategyFrom a general perspective, gold is undoubtedly still in an upward trend. Under the influence of the Palestinian-Israeli conflict, the market has also formed a strong V-shaped reversal, and the magnitude of the reversal has broken through the upper track of the downward channel. On the surface, this is A very strong upward structure, but since last Friday’s unilateral increase of more than 50 US dollars has consumed most of the demand, the shock and upward trend will continue in the short term. It is worth noting that the increase is close to the daily high line, and it is also in the previous band. The high point is parallel to the pressure point, so the focus of pulling up again is to pay attention to the strong pressure in the 1948-1950 range above in the early stage. Only after a breakthrough will a complete strong pull be formed, otherwise the price will fall back again to test the effectiveness of the support below. ! The current Asian market has begun to rise strongly, so it is no longer appropriate to chase higher in the short term. The 4-hour level of 1930 has become the first low point in the short term, and is currently oscillating upward to form a second low point. If the short term goes back again, it will be verified that the lower 1930 After the nearby support is effective, you can consider going long again and do the third stage of the rise, which is the triple top structure of the small-level shock trend. If the third stage of the rise happens to be blocked at 1948-1950, you may experience shocks. , then it will no longer be suitable for any chasing long transactions, and will even gradually go short. At that time, we will make a detailed analysis of the specific situation. Short-term trading will temporarily remain low and long above 1930, and the price will continue to rise. The upper focus will be on 1948- 1950 important pressure SELL:1945~1948 SL: 1952 TP1:1940 TP2:1934 BUY:1930~1933 SL:1926 TP1:1938 TP2:1944
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD:16/10 Today’s Trading StrategyLooking at the 4-hour chart, the big positive line rose strongly in the 4 hours, and the trend was dominated by bulls; the stochastic indicator was in the golden cross state, mainly bullish signals; MACD double lines were upward, mainly bullish signals; but after the big positive line, the rise attenuated ; Therefore, after the big positive line, there will be short-term adjustments in the short-term during the day. Combined with the suppression position above and below 1935, the short-term will fall back; the strong support position for the fall is here 1900-1885; For intraday trading, look at the short-term suppression of 1935-1940; the suppression of the trend line can be suppressed to some extent; the lower support position in the short-term is 1920-1910-1900; it is recommended that the intraday line should be based on the range of 1900-1930, sell high and buy low; in the later period, On the whole, the suppression of breaking through 1935 is still a high probability. In today’s short-term operation of gold, it is recommended to mainly go long at low levels, and then consider rebounding and short at high levels; BUY:1906~1908 SL:1902 TP1:1913 TP2:1920 BUY:1895~1897 SL:1891 TP1:1905 TP2:1912
OANDA:XAUUSD
by ActuaryJ
XAUUSD:17/10 Today’s Trading StrategyInternational gold expanded and fell back on Monday to maintain a volatile trend. On Monday morning, the price of gold continued to fluctuate downward from the 1929 line. The gold price dropped to a low of 1908 and then fluctuated higher. During the U.S. session, the gold price reached a maximum of 1924 and then gradually stabilized and closed above 1919. The shadow line below the daily line ends with the long negative line. The current gold price stabilizes below the pressure level of the daily 200-day moving average. The overall daily moving average shows a narrowing shape and maintains a volatile trend. Judging from the shape of the 4-hour cycle chart, gold prices continue to be in a bullish upward trend stage with rising highs and lows. On the daily and 4-hour levels, gold prices have clearly deviated too far from the moving average, and there is a need for a correction. The price of gold has fluctuated and fallen from above the 1930 mark, and has now fallen below 1920. In the short term, we can look at the 1905-1908 support; Gold is currently maintaining a high level of shock on the 4-hour level, and the current price is temporarily under pressure in the 1925 area. The short-term moving average began to gradually turn around and diverge downward. In the short-term trend, there is a high probability that it will continue to maintain a high and volatile trend. The hourly level gold has now begun to fluctuate at a high level. The range is temporarily maintained in the range of 1907--1925. Before falling below 1900, the bulls will rise. The trend remains unchanged, and it is normal for the market to fluctuate after a sharp rise! The gold hourly line has a short-term negative decline, and the continuous negative downward trend indicates that gold cannot rise. This is an iron fact. In addition, the Palestinian-Israeli conflict has cooled down, and the downward trend of gold prices is inevitable. At the same time, it has been repeatedly emphasized that the K-line deviates far from the moving average, which is abnormal. , the gold price is currently approaching the 50 moving average, and continues to look downward. Today, the boundary between long and short strength continues to focus on the 1930 mark. The daily level has not broken through and stood at this position before continuing to maintain suppression and adjustment shocks. The intraday support focus on around 1905-1908 , the upper pressure area 1925-1930 SELL:1928-1930 SL:1936 TP1:1925 TP2:1920 TP3:1915 BUY:1903-1906 SL:1898 TP1:1910 TP2:1915
OANDA:XAUUSD
by ActuaryJ
XAUUSD:11/10 Today’s Trading StrategyGold opened higher yesterday and moved higher. The daily line closed the solid positive line. The K-line stabilized and the 10-day moving average rose. The 5-day moving average turned upward. In the short term, gold has strong upward momentum and is expected to rise further today. Focus on the 1873 first-line resistance level above. Overall, gold opened higher and moved higher. The current rebound at the daily level is a rebound correction of the previous downward trend. This time gold stopped falling and rebounded at 1810 to cooperate with the news. Sustainability is a problem. From a technical point of view, there is no trend change. From the perspective of wave structure, It is still in an upward C wave 4 rebound trend at 1810, followed by a downward wave of 5 waves. Monday morning's higher opening left a gap that has yet to be filled. Generally speaking, the gap in gold will be covered on the same day, no more than three trading days at the latest, and it is rare that it will not be covered. Today we continue to pay attention to the pressured decline after the rebound to cover the gap. In addition, even if the current trend of gold reverses, there will be a second bottom move. Looking at the 1-hour chart, gold opened higher on Monday and rebounded after hitting 1844. This level has become a watershed for bulls today. As the bulls continue to ferment, the resistance above will become heavier today. The price currently touches the daily resistance position, which is also the price After the first correction to the daily resistance, we need to pay attention to the further pressure on the market to fall. In addition, the gap below has not yet been filled. At the same time, the price shows a divergence phenomenon on the hour, so we can consider shorting near 1867, and focus on the 1845-1835 area below. After the price completely covers the gap, we will re-analyze to see whether it will continue to be under pressure or correct again. On the whole, today's short-term gold operation ideas suggest that the rebound is mainly short, and the callback is supplemented by long. The top short-term focus is on the 1867-1870 first-line resistance, and the bottom short-term focus is on the 1843-1845 first-line support; SELL:around 1867~1870 SL:1875 TP1:1860 TP2:1855 BUY:1843-1846 SL:1837 TP1:1851 TP2:1856
OANDA:XAUUSD
by ActuaryJ
XAUUSD:12/10 Today’s Trading StrategyJudging from the market, after the Asian market fell slightly on the previous trading day, the European and American markets continued to rise. After touching the 1877 line, the rise briefly stagnated, and after closing at the high level, it remained at the 1875 line. After that, the entire upward movement this week showed a step-like upward movement. After each round of breaking high, there was a retracement action. After sufficient retracement correction, a new upward attack action was launched. Therefore, the subsequent layout should focus on the correction after the upward attack. In the day trading, it is recommended to pay attention to the two support points of 1871 and 1868 as the starting point, and carry out the buy operation. The price of gold continues to remain high, setting new highs continuously without any expected correction. Gold prices are challenging the 1880 mark. Judging from the shape and market popularity, 1880 may put some pressure on this rise, but it may be difficult to suppress the current rise. Therefore, it is recommended to enter long positions when gold prices approach 1870. One last thing to note is that 1880 is a suppression point. This position is the suppression point of the early rebound and the starting point of the decline. If the current rebound reaches this position, it may be under pressure. On the whole, it is expected that the price of gold will continue to rise after a slight decline during the day, testing the pressure level of 1880 for the first time. The bottom focuses on the 1865 support, and the top focuses on the 1880-1900 resistance; comprehensively, today's short-term operation of gold recommends going long after the correction, and then shorting at high levels. The top focuses on the 1884-1890 resistance in the short term, and the bottom focuses on 1865-1863 in the short term. support; BUY:1867-1870 SL:1862 TP1:1875 TP2:1880
OANDA:XAUUSD
by ActuaryJ
1
XAU/USD Long Opportunity: Pushing Off From Lower Corridor BorderGreetings traders! We're currently observing a compelling setup in the XAU/USD pair. The price action is oscillating within a well-defined corridor. Recently, there's been a notable rebound off the corridor's lower boundary, indicating bullish momentum. Entry Zone: Our optimal buy-in range is situated between 1846 and 1854. This zone is derived from recent price behavior and supports that have demonstrated resilience. Take Profit Targets: TP1: 1870 The initial take profit target is set at 1870. This aligns with some minor resistances and potential profit-taking zones. TP2: 1884 Our second target is 1884, corresponding with more robust resistances and historical price action. TP3: 1894 The final ambitious target is at 1894, which could be reached if bullish momentum sustains and manages to break past earlier resistances. Stop Loss: 1827 To manage risk effectively, we're placing our stop loss at 1827. This level is strategically positioned below recent lows and provides a buffer against adverse price swings. In conclusion, the current setup on XAU/USD presents a compelling long opportunity, but as always, exercise caution and employ proper risk management. Good trading, everyone!
FOREXCOM:XAUUSDLong
by Frenzy_Trader
XAUUSD: Gold Sell, watch a wave of declineThe upward trend of gold has not changed, but there will inevitably be adjustments after a big rise, and now gold has risen and touched the pressure position of the 4-hour upper Bollinger Band. According to technical principles, this position can see a wave of correction! Unless the market is very strong and breaks through directly, but it has already risen sharply to nearly 20 US dollars during the day, it is estimated that the probability of a direct rise is low! The U.S. market is bearish for a wave of adjustments at first, and then bullish after the resistance is reversed. The support below is 1875. After gaining support, it will be bullish again!
OANDA:XAUUSDShort
by Nick_John
XAUUSD:13/10 Today’s Trading StrategyIn the early stage, gold was affected by a series of hawkish moves by the Federal Reserve and ushered in a unilateral downward trend. However, the decline eased after testing near 1815 many times, and there was a downward rebound during the non-agricultural market, and the bulls launched a counterattack. Subsequently, the Palestinian-Israeli risk aversion situation helped gold rise, and it gapped higher and once returned to above the 1850 mark. It continued to rise the next day, reaching a high of 1885. Gold's daily bullish streak rose to around 1885, and now it has fallen sharply to the 1870 mark. It surged higher the next day and then fell back to end, indicating that there is indeed a lot of selling pressure at 1885. 1880 happens to be the 50% position of the 1950-1810 Fibonacci retracement point, which is also the key pressure in the early stage; 1885 above is the early support bottom. Bulls need to be vigilant if they hit the 1880-1885 range. Now it has been blocked and fell back as expected. Then the next step will be to see whether the decline can continue. If it closes negative again today, there is hope for filling the gap of 1833. Since the current high of 1885 has fallen back as expected, we will continue to maintain the bearish thinking today. After today's rebound, continue to short, and focus on the support of the 1860 mark below. SELL:1878-1881 SL:1885 TP1:1870 TP2:1865 TP3:1860
OANDA:XAUUSD
by ActuaryJ
1
XAUUSD: Gold keeps reaching new highs, 1875 buys with the trendGold is still on an upward trend, and it continues to reach new highs! There are still data released in the US market, now it is still waiting for the pullback to continue buying! With the strong upward trend of gold, do not go short against the trend, but continue to go long with the trend to the end! Gold has now broken through the suppression of the 4-hour Bollinger Band and the early rebound high, indicating that the bulls are very strong and will continue to reach new highs! Long, the US market relies on the support of 1875 to continue to be long and bullish. Unless the market breaks through 1875, do not go short easily!
OANDA:XAUUSDLong
by Nick_John
XAUUSD: Gold is poised for a second rise, directly long 1848Today, gold jumped short and opened higher and maintained a high level and traded sideways. It is obviously to accumulate energy for a second rise! At present, I have seized the opportunity of the callback and entered the market at 1848 to go long, and then wait for the rocket to launch! The trend of gold has changed, which Nick already reminded last Friday, and prompted a long call of 1815, and finally successfully reached the target price of 1833! The Palestinian-Israeli conflict accelerated the upward trend of the market, directly reaching the point in one step and establishing the start of the upward trend! If there is a strong upward trend, don't expect a big correction. Instead, buy directly when there is a small correction. You can still cover your position when it falls back and continue to bullish new highs. The target position is the three lines in the picture. You can decide according to your own situation. Go adjust!
OANDA:XAUUSDLong
by Nick_John
11
GOLD for my correct predictions yesterday There has been little change in the market since the minutes of the Fed's monetary policy meeting were released in September. This highlighted concerns about U.S. economic growth and caused the Fed to become cautious about raising interest rates. Dallas Fed President Rory Logan and Fed Director Christopher Waller have argued that rising U.S. Treasury yields in recent months could prompt the Fed to hold off on raising interest rates. Waller said on October 11 that higher market interest rates could help the Fed control inflation and allow policymakers to consider whether further rate hikes are necessary. "Overall, the minutes indicate that Fed officials are increasingly concerned about recession risks to the U.S. economy," said Carl Schamotta, chief market strategist at Kopay in Toronto. The recent weakness in the US dollar is due to a decline in US Treasury yields, with bond prices rising due to the Fed's "loose" stance on future interest rate hikes. Investors are now awaiting the release of the main inflation report today, October 12th, for further guidance on the future direction of interest rates. Additionally, the market is closely monitoring the conflict between Israel and the Islamic organization Hamas. Conversely, the euro rose to $1.0634, its highest level since September 25th. Meanwhile, the pound rose to a three-week high of $1.2337. Dutch central bank board member Klaas Nott said on October 11 that the ECB has made "important progress" in bringing inflation down to its target level, but there is still a long way to go and rules out the possibility of inflation rising. He said he could not. Interest rates may rise further in the future.
TVC:GOLD
by TheLeader_WOLF
XAUUSD: Gold’s correction is another opportunity to buyGold has pulled back as scheduled, but it still stands firmly above yesterday's consolidation. That means the upward trend remains unchanged. The pullback is a buying opportunity. Buy directly at the current price of 1856 in the European market. It is bullish. Lay out the current price and refuse to be an afterthought! The trend is rising and the market is in the right direction, so don’t be afraid of a long way to go! Think about yesterday's trend. Didn't it fluctuate for a day and then surge to a new high in the evening? The recent trends follow this pattern, with the Asian and European market adjusting and the US market rising! Now the pullback gives us another opportunity to enter and buy again! Then follow the plan, enter the market directly by going long, and just continue to be bullish!
OANDA:XAUUSDLong
by Nick_John
1
XAUUSD: Thursday Gold AnalysisGold market analysis: Gold 4-hour level: At this time, it is still under the 10-day moving average and has been falling slowly. However, there are temporary signs of consolidation in the small range at the bottom. There is also a golden cross under the MACD zero axis and a gradual increase in volume. We need to observe this kind of shock. Can it continue for two or three days? When the consolidation time is longer and the middle track is gradually pushed downward, once it stands on the middle track, it means that the prototype of the bottom stabilizing structure has appeared. At that time, there will be a wave of upward corrections. Currently, it still needs Continue to wait and see; the short-term mid-rail is mainly bearish on rallies below 1840. When the rebound touched the 1833 line, which was the previous starting point and fall position, because the rebound failed to break through this key pressure level, the downward pattern was not broken. This is one of the reasons why we have always insisted on shorting. In yesterday's U.S. market, around the 1829 line, we firmly maintained our short position and traded profitably. With the upward and downward trend after the rebound, the price returned to the 1820 line. The entire rebound process ended and the market returned to a short position. Therefore, continuing to go short has become an inevitable choice. However, judging from the 4H/1H candle chart, the resistance of 1815 is still effective. The big upward or downward direction still needs to wait for the release of tomorrow's non-farm employment data. Taken together, today's gold short-term top focus is on the resistance of 1830-1833, and the bottom short-term focus is on the support of 1815-1804; SELL:1828-1830 SL:1836 TP1:1820 TP2:1815 TP3:1810 Look at the support near 1815 and go long
OANDA:XAUUSD
by ActuaryJ
1
XAUUSD: 6/10, super data day is comingData released by the U.S. Department of Labor showed that the number of people filing for unemployment benefits in the latest week was 207,000, the lowest level in a year. Ohio and Alabama saw the largest declines in jobless claims, while claims rose in California. The monthly jobs report due out on Friday will provide more information on the job market. Economists expect nonfarm payroll growth to slow but remain healthy. U.S. bond yields surged to multi-year highs, driving wild market volatility. Friday's NFP and next week's inflation data will determine whether the 10-year Treasury yield rises to 5% or falls to 4.5%. Traders see a roughly 37% chance the Fed will raise interest rates again this year, according to the CME Fedwatch tool. Gold is highly sensitive to rising U.S. interest rates, as this increases the opportunity cost of holding gold. As the end of the year approaches, we do think gold prices will appreciate next year, and we think the Fed will cut interest rates more than the market currently expects. Investors will look forward to Friday's U.S. non-farm payrolls (NFP) report, which is expected to show the labor force fell to 170,000 from 187,000. A failure to live up to the headline number could give gold prices some much-needed boost on the charts, while a "fail" scenario could see prices continue to fall. Today is a super data day. There is no strategy suggestion. Let’s wait for DXY to give direction first. If DXY is still in the range of 107.69~105.648, it means that gold will continue to fluctuate and consolidate. Wait for today's NFP announcement and observe the DXY trend. If you trade gold, it is recommended to start next week.
OANDA:XAUUSD
by ActuaryJ
1
XAUUSD:9/10 Today’s Trading StrategyFrom a daily perspective, gold rebounded from a low last Friday and closed at the Zhongyang line. From a disk perspective, the gold price trend last Friday was similar to last Thursday. After the gold price fell briefly due to the impact of the data, there was a short-term buying trend. At present, the daily closing line is a yang, which ends the nine consecutive yin. The MACD fast and slow lines diverge upward after the golden cross, and the RSI shows a bottom divergence. However, sideways movement that follows a decline is generally more likely to be a bearish relay. However, trading volume and correction needs at the 4-hour and daily levels have not been met. Therefore, I prefer that gold is currently in a volatile trend rather than continuing to decline. Looking at the 4-hour chart, gold opened near the middle track last Friday. It fell after hitting a low after the evening data was released and then rebounded. It broke through the upper track and closed sideways at the intraday high. The Bollinger Bands are currently in the opening period, and the MA The three lines of the moving average are moving forward, the three lines of the KDJ stochastic indicator are upward, reaching overbought, the red kinetic energy column of the MACD indicator is increasing, and the golden cross of the fast and slow lines is upward. Gold bulls have begun to stabilize after the non-agricultural sector, and it continued to rebound by nearly 20 points before closing. Overall, it shows that the strength of the short positions has begun to slowly dissipate, and the market will gradually confirm the long position. Taken together, the gold day operation idea suggests that callbacks should be the main focus, rebounds are shorts, and the top short-term focus should be on the 1865-1868 first-line resistance. . Since gold opened higher than 20USD, we still have to wait for the US market to show a retracement before making a decision to go long. SELL:1865-1868 SL:1873 TP1:1858 TP2:1852
OANDA:XAUUSD
by ActuaryJ
MACRO MONDAY 15 ~ Gold Performance During RecessionsMacro Monday 15 Gold Performance During Recessions vs S&P500 With the U.S. Treasury Yield Curve being inverted since July 2022, many leading analysts believe that the U.S. economy is headed toward a recession in coming months. Many of the charts covered on our Macro Monday releases are signaling some recession concerns (not confirmations). With this in mind, we will start looking at assets that perform well during recessions. This starts with non-other than the obvious, Gold. The aim of this Gold chart is to establish if gold is a good asset to hold during recession periods versus holding general market indices such as the S&P500. The obvious thought would be that it would offer a hedge of sorts but we want to back that up with the data and a visual. We are parking any preconceived notions that gold is a safe haven risk free asset and we will focus purely on the data from the last 8 recessions. Lets see how Gold fares. The Chart The chart measures golds price movement from the beginning of each recession period to what the price was when Gold exited the recession period. The recession periods are the green and red shaded areas on the chart. The measurement for the S&P500 price decline during the recession periods (in the table provided) is measured from the S&P500 entry price at the beginning of each recession period to the lowest price point during the recession period (not the exit value from the recession period as used for Gold). I used the lowest price during the recession periods as a measurement for the S&P500 as it illustrates the maximum damage to a portfolio holding the S&P500 index within a recession period. Chart – Main Findings 1. The average length of the 8 recessions on the chart is c.11 months during which: - The average return for Gold was +7.3% and, - the S&P500 declined by an average of -35.6% 2. Based on the above figures in 6 out of the last 8 recessions Gold outperformed the S&P500 by 42.7% on average. 3. Recession 6 and 4 are the outliers which show that Gold decreased in value during these recession periods by -9.3% & -6.3% respectively, however Gold still performed better than the S&P500 in both cases (S&P500 declined by -12.7% & -16.3%). Overall Golds performance during the last 8 recessions certainly provides an argument for its inclusion in investors’ portfolios. During these periods of market uncertainty and volatility it is highly probable that your Gold position will perform better than the S&P500 and afford your portfolio some protection from the potential average S&P500 price declines of 35.6%. It appears that you could expect an average return 7.3% for holding gold through a recession period (which is an average of 11 months). Whilst this is a very small gain, it is a relatively risk averse gain for these periods of great uncertainty. It’s important to note that there are other assets to consider such as the Cash and Government Bonds both of which can pay a yield. If these yields are providing a higher real return (yield being paid minus current inflation) then they could be more attractive than an asset like Gold which is not providing a yield and which could decrease in value over the same period (such as in No. 6 and 4 above). There are also other commodities and value stocks to consider during recessionary periods. We will have a look at these alternatives in coming Macro Mondays to compare their performance to Golds during recessions. Gold has established itself as popular among investors because it can be used as a hedge against currency devaluation, inflation, or deflation. Thus investors seek safety in the precious metals like Gold when they are concerned about losing real value from otherwise safe assets like cash and US government bonds. I believe this chart demonstrates Gold is worth holding in any investors portfolio during periods of recession and uncertainty. PUKA
FX_IDC:XAUUSD
by PukaCharts