RecentlyGold has continued to rise, reaching new highs,once again sparking everyone's attention to gold! I remember the last time everyone was so enthusiastic about gold was in September. At that time $XAU/USD (XAUUSD.CFD)$ near the 2600level, and then continued rising, breaking through2600American dollar.
The questions asked then and now are almost the same:
Those who haven't gotten on the bus are asking if they can get on??
Those already on the bus are asking whether to reduce positions???
A month has passed, and the answers remain unchanged!
Suggestions for those who haven't gotten on boardBuild positions in batches, or directly set up a dollar-cost averaging plan for a strategic layoutTo prevent oneself from not daring to buy when the price rises and wanting to sell when it drops. You may also say, if I am bullish on gold for the long term, why not just make a single purchase and wait for the price to rise? In fact, I don't think there's any problem with doing this operationally. The key is whether you can hold on when gold falls. Some students chase after the rise but lack confidence, especially for high-priced varieties like gold, which are very scary. It's probably unsustainable to drop by 5 points, but for me, if gold can drop by 5 points, it's really a great opportunity to increase my holdings. Last time gold only corrected by one point, I think it's too little, so I didn't add to my position.
So everyone should lay out their gold investments according to their own risk tolerance, otherwise you will find that even assets with high winning rates like gold can still lead to losses!
In order to deepen everyone's understanding of gold and enhance confidence in gold. Next, we will start from the basics...

Hey everyone, great to see you again, Ridzuan is here!🥰 The highly anticipated Fed rate cut has officially started, with a 50 basis point cut exceeding market expectations.
Last week, my coworker Ahmad shared under this topic, which Malaysian sectors would benefit from the rate cuts, and today's article, i will focuses on the potential performance of the US market.
Key Points of the Federal Reserve’s Decision
>> Rate Cut Justificat...