The most common and most likely answer to this crossword clue is the 7 letter word HEDGING
H
E
D
G
I
N
G
Buddy explains!
The straight part
We know that "Guarding" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case guarding = hedging.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does HEDGING mean?
HEDGING verb- To enclose with a hedge or hedges.
- To obstruct or surround.
- To offset the risk associated with.
- To avoid verbal commitment.
- To construct or repair a hedge.
- To reduce one's exposure to risk.
- The act of one who hedges (in various senses).