Learning TradFi as a Beginner: Is Gold the Right First Market?
I’m just starting out with traditional financial markets and trying to decide where to focus my learning. Gold (XAUUSD) has caught my attention because its price often reacts to macro events like inflation data, central bank policy, and geopolitical tension. Compared to faster-moving or sentiment-driven markets, it seems more structured, which feels appealing for someone still learning the basics.
To get hands-on experience, I recently opened a TradFi account on Bitget and started observing how gold behaves around news and key levels. I also noticed there’s a gold trading competition running, which made me look more closely at how experienced traders approach the metal. For those who’ve been in TradFi longer, do you think gold is a solid entry point for understanding risk control and market behavior, or would indices or major forex pairs be better to start with? I’d love to hear what helped you gain consistency early on.