How important is the basic knowledge of the London gold candlestick chart?

As the saying goes, a tall building rises from the ground, and you can reach a thousand miles without taking steps. This is also the case in the investment market. No investor has ever achieved success overnight in the London gold market. Many successful traders have made it step by step. Begin to learn the basics and gradually become a professional investor.

 

 Understanding K-line charts is a skill that every London silver investor needs to possess. At present, most of the market-watching and trading software on the market use K-line as the main way to display the market trend. When looking at the K-line, investors should first look at its yin and yang, second, its physical size, and third, the length of its upper and lower shadow lines. These are very important basic knowledge.

Another basic knowledge that London gold investors need to master is to learn how to trade according to the signals sent by technical indicators. For example, the stochastic index (Stochastic) can clearly reflect whether the current gold price is overbought or oversold. When the indicator forms a golden cross at a low level, it is a clear buying signal; when it forms a dead cross at a high level, it is a clear signal. short signal.

London gold investors also need to grasp what important fundamental factors will affect the trend of gold prices, such as the global economy, foreign exchange markets, interest rates and monetary policies of major European and American countries, the increase or decrease of gold reserves by central banks of various countries, and the cost of gold mining. Investors should pay close attention to factors such as the rise and fall of gold used in industry and jewelry.

All in all, there are a lot of fundamental and technical knowledge that investors need to master in London gold, and the two should not be neglected. They should be integrated on the basis of comprehensive learning, so as to better understand changes in market trends and become the ultimate market leader. winner.
 

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Origin blog.csdn.net/sino_sound/article/details/131455815