Due to lack of experience, many London silver investors often do not have a good judgment on the timing of buying when they first enter the market, and often hesitate in the face of market changes, not knowing whether to buy or sell. Faced with this situation, we believe that investors should use the buy and sell signals issued by some indicators to grasp the clear timing of market entry based on objective market entry criteria.
The moving average is a very commonly used technical indicator in the London silver market. The golden cross and dead cross signals of the moving average can bring clear buying and selling signals to investors. The so-called golden cross is the abbreviation of golden cross. It refers to the situation where the short-term moving average crosses the long-term moving average from bottom to top.
The opposite of the golden cross is the dead cross, which is the abbreviation of the death cross. It refers to the situation where the short-term moving average crosses the long-term moving average from above. It is a good opportunity for investors to enter the market with empty orders.
In addition to the golden cross and dead cross of the moving average, investors should also grasp what is the long-term arrangement of the moving average and what is the short-term arrangement of the moving average when applying the technical indicator of the moving average, because this kind of trend is very important for judging the market trend. In London silver trading, as long as the basic direction is judged correctly, the probability of investors' final profit will be greatly improved.