In the gold trading market, the market and trading conditions are constantly changing, and the price of gold is always fluctuating, sometimes catching us off guard. The rise and fall of gold prices are often beyond our control, so how can we judge the trend of the gold market? Moreover, among so many technical indicators, which ones should be used to analyze and...
Stop loss is a necessary means to control risk, and using a good stop loss point is the only way for investors to win. There are two types of methods for setting the stop loss point: the first type is a regular stop loss, that is, when the reasons and conditions for buying or holding disappear due to changes in market conditions, the position must be closed or...
1. Simple judgment of support and resistance: Support and resistance levels are the points in the chart that are subjected to continuous upward or downward pressure.The support level is usually the lowest point in all chart patterns (hourly, weekly, or annual), while the resistance level is the highest point (peak)in the chart.When these points show a downward...
Generally, traders who participate in buying and selling gold futures contracts sell and buy back the same number of contracts as the previous contract before the contract expiration date, which is known as closing out, without the need for physical delivery of gold. The profit or loss from each transaction is equal to the difference between the buy and sell...
We have been posting potential bullish trading signals on Gold and the ways in which to enter this trending market of late, as the probability for these has been very high. Now, the market doesn't trend in a straight line, so when we saw the price in Gold make its way to the $1900.00 level we looked to see if we could get any confirmation selling signals for a...