So, we all know that the trade deal was signed and that we now have to wait for the second phase of the talks between China and USA, because that is when USA are supposed to lift their trade tariffs. And lack of trade conflicts may only mean one thing – stability for our trading. Surely that is something we were waiting for a long time now and that we are going to cherish.

But stable trading and stable possibility to choose your assets also means that there is no need in safe havens. After such a long time of turbulence safe havens are just going to end up lower and not needed. Or will they?

Well. I wouldn’t say that gold is not needed today. On the contrary – precious metal is growing and prospering with just several small retracements. Of course, we have to understand why this happens. Well, I can say that even though the trade deal was signed, we still have to trade based on the data being posted by the officials. And that is only fair – we are still getting data from the last quarter of 2019. That means that we are not getting the best possible numbers. And, as a result for seeing bad numbers we are running toward safe havens.

And there you have it – gold chart is very strongly growing. That is why for today it is one of the most attractive assets in the markets. If you do not believe me – try and see what your trading signals are going to tell you.