Those of our users who have traded yesterday [the users whose countries do not celebrate Christmas] most likely felt the influence that low liquidity and low number of traders have on the markets. It must have been tough for a lot of people. USD is not moving, euro and pound are displaying lower-than-usual liquidity and choosing a couple to trade must have been extremely tough.
And of course, when things with the ‘main’ assets are getting tough, for whatever reason, traders are always coming back to one particular group of assets. And that would be safe havens. Of course, there one can always find liquidity and movements. And from time to time these moves are just what we need.
For example, gold.
Well, it is no secret that precious metals have been growing and growing at a pretty good pace too. And gold, being the primary precious metal is leading the bunch. With liquidity and activity in USD being so low right now, we can surely say that this metal is going to be growing further these next several days. So, I highly advice you to follow its performance for the next several days. It is going to give you the growth you so want to see.
And of course, there is no point in forgetting about our trading signals these days.