Trading gold is all about understanding its price movements and reacting wisely. Common strategies include following the trend (buying when prices rise, selling when they fall), using support and resistance levels to spot entry and exit points, and trading breakouts when gold moves strongly beyond key levels. Many traders also watch global news like inflation, interest rates, and geopolitical events since gold reacts to economic uncertainty. Some even use gold to hedge against market risks. Technical indicators like moving averages and RSI are also handy tools to make better trading decisions.