BTC ETH Recently sold some gold short. I’ve noticed that in the short term, the price movement of gold as a safe-haven asset is actually positively correlated with the ups and downs of risk assets like stocks and crypto. Looking at a longer time frame, comparing the trends of gold and the Nasdaq over the past two years, the overall direction is indeed positively correlated, and gold tends to peak and bottom out slightly later than the Nasdaq. Feel free to share your thoughts on gold’s price trends, as I don’t have much experience trading gold.