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Gold investment tips in 2021: How to judge the trend of gold price? 3 Ways to Analyze Gold Price Trends

2022-03-22
1501
  For gold investors,how to judge the trend of gold price is the most concerned and most important issue.So,how can we judge the trend of gold price in gold investment?In this mutual market,we will introduce the following 3 methods.

  1. Understand the meaning of the curve

  In the process of gold investment,you will see different types of chart curves,and different curves have their own meanings.The appearance of the white curve represents the weighted index of the broader market,which is the actual index of the broader market that the stock exchange always refers to in its daily announcements.The red and green lines always appear near the red and white lines.Its main function is to reflect the different proportions of the buying and selling orders of all stocks in the broader market at that time.The increase or decrease of the red bar can directly indicate the increase or decrease of the buying power when it is rising,and the increase or decrease of the green bar on the contrary indicates the increase or decrease of the selling power in the lower market.The yellow column line often appears below the red and white curve graph,mainly to indicate the trading volume per minute,and its unit is hand.When investors are conducting analysis,Borkinson suggests that everyone can use these curves as an auxiliary tool to make their predictions more accurate.

  2. The shape and location

  There are two main forms of gold investment,one is a long-term form and the other is a short-term form.Under normal circumstances,investors pay more attention to long-term patterns,because the trends of short-term patterns move in relatively small ranges,and there is not much data for withdrawal.At the same time,it is easily affected by various factors,and it is difficult to accurately grasp it,and eventually get lost in the numerous influencing factors.

  Therefore,investors must have a thorough grasp and understanding of the long-term pattern,in order to analyze the market easily.The effective combination of position in gold investment is very important.There are many types of positions,and the information reflected is also different.For example,the head and shoulders bottom pattern indicates a bottom reversal.It usually exists in the bottom area.If there is a head and shoulders bottom,investors need to exit the market and wait patiently.Therefore,we say that the change of position can help investors directly judge the content of the next transaction.

  3.Timing of opening a warehouse

  Although the judgment of the gold trading trend is correct,if you encounter several major adjustments after opening a position,and there is a situation where you stop loss and leave the market for various reasons,such a stop loss will inevitably cause damage to account funds,and will also affect final profitability.

  The choice of the timing of opening a position is actually to grasp the rhythm on the basis of analyzing the trend.Because the price of gold always moves forward in waves,and the trend is mixed with adjustment trends,the long-term,medium-term and short-term trends may be inconsistent.The trend is right,if the rhythm is not grasped correctly,there will be the same problem of stop loss and exit.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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