Gold pays no dividend or yield. Therefore, when inflation-adjusted bond yields (real rates) are negative, holding gold is attractive. When real rates rise, investors flee to interest-bearing assets. The mantra: Watch the 10-year Treasury Inflation-Protected Securities (TIPS) yield.
Your final assignment from this boot camp is simple: Open a demo account. Trade one micro gold futures contract (or a small ETF share) for 30 days following only the rules above—risk management, technical levels, and news discipline. At the end of that month, review your log. If you followed the plan, you will have mastered the basics. If you did not, you have learned the only lesson that matters: In gold trading, your worst enemy is not the market; it is the reflection in your screen. Gold pays no dividend or yield
For every trade, identify your stop-loss (risk) and your take-profit (reward). Never enter a trade where the potential loss equals or exceeds the gain. At the end of that month, review your log