Luan Jia Jin Zheng-Fei Yifei: What should be paid attention to when investing in spot gold?

      1、goldBasic analysis of investment refers to the analysis of external and internal factors in politics, economy, and individual markets. In addition to other investment tools, determine whether the current market situation should be entered or exited, and adopt corresponding strategies.
　　
Analysts who use basic analysis as their main analytical tool spend the whole day studying the market trends of gold mining companies, relevant information from government departments, and reports from various institutions to speculate on the future trends of the market. The main factors involved in the basic analysis of the market contact fee of Yifei, which we have already covered before, generally include:
　　
　　(1)Political instability often leads to favorable conditions for gold prices, and war can cause price increases, supporting the price of gold. And world peace will have a negative impact on the price of gold.
　　
　　(2)The increase or decrease in gold production will affect the balance of gold supply and demand. South Africa has the largest gold production, and any worker strike or other special circumstances will have an impact on its production. Secondly, the production cost of gold will also affect output. stay1992In the year, due to the increase in gold production costs, many gold mines stopped production, leading to a one-time increase in gold prices.
　　
　　(3)Government actions when the government needs to exploitforeign exchangeAt that time, regardless of the price of gold at that time, they would sell their reserves of gold to obtain it. Correspondingly, the data on government gold recycling is also an important indicator affecting gold prices.
　　
　　(4)The demand for gold is not only a value preservation tool, but also for industrial and decorative purposes. The changes in production in industries such as electronics, dentistry, and jewelry that use gold will all affect the price of gold.
　　
　　(5)The trend of the US dollar and gold are relative investment tools. If the trend of the US dollar is strong, investing in the US dollar will have greater returns, so the price of the US dollar will be affected. On the contrary, when the US dollar is in a weak market, investors will reduce their capital investment in the US dollar and invest in the gold market, driving the strength of gold prices. More market contact fees Yifei
　　
　　(6)When the price index rises, it means that inflation is intensifying. The arrival of inflation will affect the preservation function of all investments, so the price of gold will also rise and fall. Although the role of gold as a weapon against inflation is no longer as effective as before, high inflation will still have a stimulating effect on gold prices.
　　
　　(7)If interest rates increase, investors will receive higher interest rates on their deposits, which can have a bearish effect on interest free gold. On the contrary, a decrease in interest rates would be more favorable for gold prices.
　　
　　2The technical analysis of gold investment: In order for soldiers to win in war, in addition to equipping them with sophisticated weapons, they also need to develop a strong ability to kill enemies. Similarly, when investors engage in gold trading, in addition to having accurate sources of information, they also need to master the advantageous weapon of technical analysis. Technical analysis originated from statistics and can help us seek the best intervention prices in the market. It complements basic analysis and is an indispensable analytical tool. More market contact fees Yifei
　　
Technical analysis is the process of expressing daily price fluctuations in the market, including daily opening price, closing price, highest price, lowest price, trading volume, and other numerical data through charts, in order to predict future price trends. Every analytical method will not be perfect. We cannot overly rely on technical analysis, nor can we lean towards basic analysis.
　　
In theory, after basic analysis, technical analysis can be used to capture the ups and downs of each gold market, buying low and selling high to earn greater profits. Moreover, technical analysis is an objective analysis method based on mathematical statistical equations, with strong logic. It filters out the subjective opinions of investors and is much more reliable than analysts who rely on personal feelings.
　　
　　KThe current line charts are drawn by processing daily data on a computer. Its greatest function is to reflect the overall situation and price information. A candlestick chart can display the daily opening, closing, highest, and lowest prices of the gold market on a candlestick chart. By summarizing the daily price trends of the gold market, a daily chart can be drawn. More market contact fees are a lot of money. If you need to engage in short-term trading, using the same principle, you can use shorter time graphics(for example5Minute trend chart)To capture short-term buying and selling signals.