Why do I trade Gold #XAUUSD?

[Mamlo]

Because of the low-interest rates on the US currency, saving money is almost impossible. His reasoning is that you should spend the money to help the economy grow. Saving it in the bank is like slowly burning money.

Recession. If you're terrified, or if you're ready. It is recommended that you purchase these. According to historical evidence, gold, equities, and oil will reach their peak before plunging into recession.

Even Warren Buffet is interested in purchasing a gold mining firm.

 

[taie]

with gold i made a lot of money but i also lost a lot money to

 

[djdicky16]

Some people said, gold or xau is sexy pair caused a lot of people trade it witj simple strategy

 

[ottodickmann]

Pairs with gold seem to be atrractive too, but I still haven.t tried trading them.

 

[czsayo]

I also don't know why I like to trade gold.
At first, I traded bitcoin, then I switched to gold. I hear people say that gold is very volatile and difficult to trade. But maybe like love, sometimes know how to explain.

 

[Luc@my]

Would it be better to trade oil as compared to gold? volatility of oil seems higher, no stop loss

 

[lurhays]

Even Warren Buffet is interested in purchasing a gold mining firm.

Warren Buffett is known for investing in companies with a strong competitive advantage and low cost of production. He may look for a gold mining firm with a solid production cost structure, that can make a profit even if gold prices fall.

 

[Jack Blake]

i still think this gold topic was overhyped, oil seems to do just as well

 

[zellvnn]

Trade Gold because of its voliated characteristic.

 

[gy76]

Trading gold is a double edge sword, good profits or gain experience from not making

 

[Pulpv10]

The gold is amazing to trade, it moves a lot of pips, Can be a little fast

 

[Radiant]

Trading gold is popular because it's volatile overall, any other reason to this is pretty irrelevant.