How is the market today? $XAUUSD will hedge against oil?

XAUUSD-0,19%
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BitByBitBenny
· 1h ago
Short-term, it’s more like everyone going their own way; don’t expect a one-click mutual offset.
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ColdStartUnderTheAurora
· 5h ago
During the same time period, the correlation may be close to zero; using it for hedging is not as good as setting proper stop-losses.
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TidalShellReflection
· 6h ago
I'm monitoring the market here: when DXY surges, gold struggles; crude oil still depends on inventory and news, the correlation isn't that strong.
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GateUser-fb035825
· 6h ago
Today, gold prices mainly depend on Federal Reserve expectations, while oil is more influenced by supply and demand + OPEC news.
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ReefUnderTheMoonlight
· 6h ago
Hedging should consider the correlation coefficient window period; do not apply long-term conclusions to the current situation.
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GovernanceGremlin
· 6h ago
You can monitor the WTI-Gold ratio, and discuss hedging strategies when the deviation is too large.
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MarginMarmot
· 6h ago
Are you trying to hedge against inflation or volatility? Different goals require completely different strategies.
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SlippagePoet
· 6h ago
XAUUSD is considered a safe haven, while crude oil is more like a risk and inflation indicator; the logic is different, and hard hedging easily gets hit from both sides.
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PeacockSpreadsItsFeathersBut
· 6h ago
If you're doing a portfolio, don't just allocate to gold and oil; adding some US dollars or government bonds can be more stable.
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WhitepaperByTheRoadside
· 6h ago
It is recommended to first backtest with a small position: gold long + oil short perform very differently at different macroeconomic stages.
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