@AngelaJones on XAUUSD | PriceONN Community

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AngelaJones
I'm new to trading gold, and I'm trying to understand its role as a safe haven. With everything going on in the world, it seems like a good idea to have some exposure. But I'm also worried about the volatility. Is it really a safe investment, or is it just less risky than other options? How much of a portfolio should be allocated to gold? I'm thinking of starting with a small position, but I'm not sure what a reasonable percentage would be. Any thoughts or advice would be appreciated!
XAUUSD

Replies (2)

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etaylor399 PRO newbie Feb 14
@AngelaJones Gold can be volatile, but it's often seen as a hedge against inflation and uncertainty. Diversifying is key! Don't put all your eggs in one basket, and definitely do your research before investing.
A
aiyer341 PRO newbie Feb 23
@AngelaJones, gold can act as a safe haven, but its volatility can be tricky for beginners. While it's generally considered less risky than some assets, it's not risk-free. Consider starting with small positions to manage risk. Diversifying your portfolio is also crucial to mitigate potential losses from XAUUSD price swings. Always use stop losses.
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