XAU
📈 Gold continues its strong upward trend, rising nearly 4.8% in March, reinforcing its role as a safe-haven asset amid market volatility and recession fears.
🛡️ Investing in gold is presented as a strategy to add robustness and calm to investment portfolios during uncertain economic times, despite potentially higher entry prices now.
🤔 While the ideal buying time might have passed, the value of security and portfolio diversification could still justify adding gold, even at current levels.
@ElClubDeInversion:
“I mentioned earlier that investing in safe-haven assets, such as gold, can be interesting in times of uncertainty. We see that gold continues its upward trend since I indicated it—in fact, I practically told you live at the end of 2023. I said, based on technical analysis structure plus the accompanying macroeconomic elements, it could be a very good time to invest in gold, and so it has been. We see that clear upward trend where, except for two specific months in November 2024 and May 2024, the rest of the months have been bullish, and March was no different. We saw an increase of 4.78% in gold, which is a very, very significant increase for an asset of these characteristics, which historically is an asset that moves slowly, but in these cases, it doesn’t move slowly. Furthermore, it reinforces that underlying trend we were seeing. And here everyone asks, ‘Hey Andrea, is it too late to invest in gold?’ Well, obviously, it would have been much better if you had invested when I started giving signals like, ‘Hey, it’s a good time,’ right? But still, it can be a good moment. Why? Because this is like everything: when you need the umbrella, you have to buy the umbrella before it rains, not when it’s already raining, because otherwise, you’ve already gotten wet. Okay? So I want you to keep this reflection and also the reflection of how much your security is worth, how much your peace of mind is worth. Obviously, you’ll be paying for that peace of mind, that security, at a higher price than you would have here a year ago, but still, only you can value how much you want to estimate your security. But personally, I think security is something very important and therefore, everyone should have at least a little bit of gold in their portfolio background.”
Watch the exact part of the video where ElClubDeInversion talks about Gold here:
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Read more articles analyzing Gold (XAU) at the following link. XAU stock.
