Gold prices are rising due to the trade war!!
Good evening!
Last month, thanks to a trade war triggered by Mr. Trump, the market became one where technical analysis could not work.
And adding fuel to the fire was the additional tariffs on Mexico.
Because of this, various currency pairs all slid downward in a waterfall-like fashion, right?
After a heavy decline, it seems some people might have melted away as the dessert was served on the side, so I think some may have melted.
And in such an economic climate, assets like gold—safe-haven assets—are often the ones that rise in price!
In fact, it seems prices are rising again this time as well.
Since there will likely be more economic instability ahead, how about taking a small profit while prices are cheap and holding some assets?
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