Going to invest in gold

[golddigger]

Is it a good timing to invest in gold, or the current price level is too high, just do not want to invest in stock or hold cash for the moment

 

[legolas_aims]

Until the market situation change gold is safe heaven

 

[Alexvenn]

Until the market situation change gold is safe heaven

How?
I blew my account on it

 

[richelephant]

gold is very challenging to trade with in my mind!

 

[mamirhayat]

bcz gold market will touch 2000 to 2600 soon may b this year or next year ,

 

[nutty3952]

How?
I blew my account on it

has blown mine too but it always goes back up to its usual im just stupid trading in sucha small account

 

[nutty3952]

best thing i think right now is buy on market lows of 1750s -1755 and stick to buying i dont think it drop back to 1700

 

[MJK2020]

gold doing the most right now, definitely a good time to invest.

 

[Araujo.inl]

gold doing the most right now, definitely a good time to invest.

 

[madhavbhandarkar]

Yeah agreed.. there will definitely be more demand due to festive season

 

[Ryanchan778]

Here is my tip for gold. don’t worry if price is right now high or low. learn moving average crossovers. It benefitted me. you can use this strategy to decide to tarde or not.

 

[Naveenrai12345]

Gold has becme expensive but at least it is safe… with so high market volatility I chose gold trading to hedge my other assets.

 

[eromawyn]

Do your own analysis before asking the question

Anyway, with all these inflation I expect due to money printing to handle the covid, I guess the answer should be yes, for a long term trade.

However, I prefer short term trading. So I trade gold short term (1-2 day trades or so) with a strong positive bias whenever I see a good opportunity.

 

[samuelgarcia27582]

Gold price is touching $2K. I have switched to silver. If you want to trade precious metals, i feel silver is now better than gold.

 

[Akwin]

gold is very challenging to trade with in my mind!

Yes, it is really challenging, I don't know how to start learning, every day I am watching and reading gold news but I need to learn more any suggestions? Help appreciated.

 

[mangial]

personally I think its more of a time to sell rather than buy gold

 

[xpassionzxc]

At this moment of time, I think its better to wait one more week till there is a confirm signal on where GOLD is actually going towards.

 

[skrimon]

Would you like to share your experience, please? How was that and how is going now?

 

[zamhanafx]

Never late to buy this gold. Price is increasing. Deffinetely worth it.

 

[O_777]

Yes, it is really challenging, I don't know how to start learning, every day I am watching and reading gold news but I need to learn more any suggestions? Help appreciated.

Gold is easy to trade imo, in comparison to a lot of other markets. My honest advice, forget about the news it is worthless (for any financial instrument) , watch the chart and learn how to read and mark out supply and demand zones.