Gold is one of the markets I’m watching closely.
Around five years ago, $XAU was trading near $1,800 per ounce. Today, it is around $4,350, meaning its price has increased by roughly 150% over that period.
Unlike many crypto assets, gold can move higher for long periods without going through massive 70–80% drawdowns. This gives the market a very different structure and makes its long-term trend easier to follow.
There are also several factors supporting demand. Gold can attract more interest during periods of inflation concerns, a weaker dollar, geopolitical risk and market uncertainty.
#Macro Insights# $BTC
Around five years ago, $XAU was trading near $1,800 per ounce. Today, it is around $4,350, meaning its price has increased by roughly 150% over that period.
Unlike many crypto assets, gold can move higher for long periods without going through massive 70–80% drawdowns. This gives the market a very different structure and makes its long-term trend easier to follow.
There are also several factors supporting demand. Gold can attract more interest during periods of inflation concerns, a weaker dollar, geopolitical risk and market uncertainty.
#Macro Insights# $BTC
