1 thought on “How to think about the trend chart of the golden market”

  1. In the spot gold market, the overall price trend is composed of daily transactions. The daily transaction K -line chart constitutes a weekly transaction K -line diagram. The weekly transaction constitutes a monthly transaction. The smallest time unit in the overall trend, but the results of the daily transaction will have a certain impact on the general market.

    For traders, only by understanding the changes in the day of the day or understanding the evolution of the market in a stage, it will prompt investors to make the expected direction of price change. Essence Therefore, how to look at the disk, how to understand the disk, and staring are very critical.

    (1) Opening price: It is a combination of two and short parties 5 minutes before the opening. It has reflected part of the intention of the main force, especially when other related market prices have changed mutations. The opening price can better reflect the attitude and determination of both sides of the war.

    (2) Closing price: The closing price is a summary of the price trend of the whole day, and it is also an evaluation of the long and short comparison of the day. The bridge connected, in general, in the consolidation market, the main force is unwilling to reveal its intention too much, the closing price is closer to the settlement price of the day.

    (3) The highest price and lowest price in the disk: These prices reflect the situation where the long time is in the sequel stage, which is characterized by a large amount of transaction volume near the highest price or the lowest price nearby. This can be clearly seen from the time -to -time line. In the consolidation market, these two prices have become the price range positioning ruler of the transaction throughout the day, and investors will complete the day trading within the interval.

    (4) Transaction volume: The size of the transaction volume on the day reflects the preferences of market investors in the price range of the day. Looking at or waiting for coins, looking deeper, it reflects that the energy that changes the price in a certain direction is gathered or released. When the transaction is effectively enlarged, or the market is ended or the market is ended. Comprehensive judgment of factors such as linked positions and prices.

    (5) Press volume: The change of the position occupies an important position in the price operation, representing the main force and intention of the positioning of the position. Through the change of positions, it can be estimated to be the mainstay cost, and provides investors with a certain basis for buying and selling in operation. Generally speaking, if the position changes in a contract on the day of a contract exceed 20%, the trend of the market may be induced. reverse.

    The content of the above five aspects is the most authentic, most reliable, and most objective information of all investors in the market. This information has not been deliberately processed and processed. The status quo provides the best basis for investors' entry.

Leave a Comment