How to Utilize Trends in Gold Investment?There is a proverb called "Trends are your friends". Finding the main trend will help investment clients grasp the overall market situation and not be confused by short-term market fluctuations. The chart analysis of weekly and monthly trend lines is very suitable for identifying longer-term trends.
The gold support level and resistance level are the points in the chart that experience sustained downward or upward pressure. The support position is usually the line connected in the chart(Hourly, weekly, or annually)The lowest point is the resistance level, while the resistance level is the highest point in the chart. When these points show reproducible trends, they are considered support and resistance levels.
四、保持清醒
时刻保持头脑清醒不要被市场影响,投资市场本身鱼龙混杂,不要觉得进来就能轻易获利,如果没有风险控制能力,那100%It must be a loss of principal. The market will never allow you to make a profit.