Gold the safe asset for traders.

In simple words, physical gold neither in the short term nor in the long term can act as a safeguard against market volatility or inflation. Although people say it is not related to the value of a currency and gold does not yield dividends or interest. Gold is still an illusion if you hold on to it. Gold's price may range for long years making people feel it is a safe asset and then of a sudden may explode up or down 3 times its value. History showed those statistics over the years from 1975 up till today. Holding on to gold for a long or medium term is so dangerous any loss may take long years to recover (In simple words you buried your capital and investment). So why is gold a difficult asset to predict its price in the future?
In simple words although no broker, bank, government, or financial institutions like our words, the gold price is controlled and can be managed according to their own benefits? That simple we can explain it in a few words. Before and at the beginning of the Ukrainian war people rushed to buy gold pushing its price up to 2080$ an ounce. Then of a sudden gold started crashing hitting 1600$ an ounce causing huge losses for traders. Then for no reason, gold started pushing up again to hit 2080 accompanied by huge marketing and advertising campaigns to convince people gold will be hitting 3500$ an ounce very soon people again rushed to buy gold, and the price again started shooting down. Calculations are so simple to be seen. The market capital of gold is almost 13 trillion $ at the current price of 3500$ an ounce will be almost 25 Trillion. Well, we leave comments for you.
From our side, we at All4Stocks choose the scalping and short-term trading strategy and our results and numbers talk for us. We proved over the years that this way of trading is much more profitable and secure than short and long-term trading methods.