To do transactions in the London silver market, no matter whether you are doing long-term, mid-term or short-term, it is inseparable from the interpretation of the latest real-time market trends. With the help of some commonly used technical indicators on trading software, London silver investors can increase the accuracy of their trading operations from a technical perspective.
Stochastic is a very common and practical technical indicator. It is also called stochastic indicator, which can reflect the trend of price fluctuations. It is very useful when investors conduct short-term operations. This indicator uses the fluctuation range of price fluctuations to reflect price trends. The strength and oversold and overbought phenomena.
The full Chinese name of MACD is smooth average of similarities and differences. As the name implies, it is developed from the moving average. Mastering some of its rules and application skills can better interpret the midline market of London silver. For example, when the signal line of MACD turns from negative to negative When the number is positive, investors should understand such a buy signal; when the signal line turns from positive to negative, investors should understand that the market is sending out a sell signal.
The relative strength indicator RSI may be familiar to more investors. It reflects the percentage rate of the fluctuations caused by the rise of silver prices in a certain stage to the total fluctuations. The larger the percentage, the more obvious the strength; the smaller the percentage, the more obvious the weakness. Therefore, it can reflect the degree of prosperity of the London silver market in a certain period of time, and it is a strength indicator. In the real-time London silver market, the RSI value is mostly between 30-70. If the reading reaches 80 or even 90, it means that the silver price is already overbought at this time; otherwise, if the RSI value is below 30, that is, the London silver market is in Oversold status.