The day that we have been all so waiting for is here – trade talks between USA and China are commencing today and we are trying to keep our minds clear for the occasion, especially given that we can already see the results of the talks, even though they haven’t even properly started yet. We can see that traders, in the attempt to protect themselves from the turbulence, have already started to sell their greenbacks and run for safe havens, at least for the time while we are going to be subjects to all of this turbulence.

And so we need to focus on safe havens today. For example, gold.

We can see that the precious metals are fully abusing its safe haven status now. Traders paying much more attention to the segment of the market works well on gold and on its partners in the segment. Of course that will only last until trade talks are over. And when that is going to be is still unclear to us. Remembering how trade talks played out the last time, I would say that we are going to be victims of the turbulence for as long as Trump is in power. So, at least for one more year unless, of course, he is not impeached earlier. But then chances are that we are going to see even more shakes in the performance of the greenback and as a result are going to pick up gold even higher.

Right now there are too many players and too many factors to the whole situation in the world, so it is better to use your trading signals any chance you get.