Gold Technology Analysis Tutorial 2 Edition: In -depth interpretation of the trend of the gold market and trading strategy
Gold has always been one of the focus of investors' attention. The price fluctuations are affected by many factors, including the global economic situation, geopolitical risks, and inflation expectations.Through technical analysis, we can better understand the trend of the gold market and formulate corresponding trading strategies.
Basic concept: support level and resistance level
When performing golden technical analysis, we first need to understand the concept of supporting position and resistance.Support level refers to the price that no longer continues to fall after the price falls to a certain level, and the resistance level refers to the price that does not continue to rise after the price rises to a certain level.These two concepts are essential for determining the buying point and selling points.
Common technical indicators: Move average
The mobile average is one of the most common technical indicators, and it is also widely used in the gold market.By calculating the average of the closing price within a certain period of time, it can help us observe the price trend and identify the possible turning point.Common mobile average includes simple mobile average (SMA) and index weighted mobile average (EMA).
Chart morphological analysis:
The top of the head and shoulders and the head of the head is one of the more classic and effective reversal signals in the chart form.When showing the form of "left shoulder-head-right shoulder" on the chart, the price often indicates that the price will reverse; and the "left low-trough-right low" implies that the price may begin to rise.Investors can make confirmation in conjunction with other indicators and formulate the corresponding trading plan accordingly.
Energy analysis: Comparison of transaction volume
The transaction volume plays an important role in the analysis of gold technology. It plays a most important role in confirming whether the trend is reliable and whether the breakthrough signal is effective.When the price changes significantly, if there is a significant increase or decrease in transaction volume, it means that the change is more convincing; otherwise, the market may only change the market for short -term fluctuations instead of a real trend change.
RSI indicator use and actual combat case sharing
The RSI Relative Stringth Index is widely used to judge the oversold situation and provide buying and selling signals.When the RSI value is higher than 70, it means that the overtime status is expressed, and it is recommended to consider selling; when the RSI value is lower than 30, it means the oversold status, it is recommended to consider buying the operation.
To share the operating decisions in combination with RSI indicators through actual combat cases, and flexibly use various tools to achieve optimal effects in practical operations.
** The above content is for reference only, please be careful according to your own situation **
