How to enter the market when the spot gold price keeps rising?

goods in stockgoldHow to enter the market when the price keeps rising?
Since last year, the enthusiasm of global central banks for purchasing gold has been high, and the annual gold purchase volume has exceeded that of last year70%It can be seen that more and more people are choosing to invest in gold, which can bring significant returns to investors. The People's Bank of China has also provided some policy support for gold investment, so gold investment is now on the rise. Both professional and amateur investors should not miss this market. Missing this market is equivalent to missing an investment opportunity.

Based on the current short-term situation, investment sentiment in the global gold market is very high. Due to the rise in gold prices, both the stocks of gold mining companies and products related to gold prices have benefited, especially those with50Spot gold with double leverage, as a high leverage and high-yield investment product, has a low investment threshold and is very suitable for mass investment. Therefore, it allows investors to experience the huge returns that investment brings to themselves.

The spot gold price has almost broken through recently1500According to a recent report by Bank of America Merrill Lynch, it is expected that gold prices may rise next year2000dollar/Ounces, but how should investors enter the market reasonably?Can we put ourselves in a favorable environment? I suggest everyone learn the Fibonacci golden ratio trading method here. The specific analysis method is to use the retracement support level of the Fibonacci golden ratio when the gold price is in an upward trend, such as38.2% 、50%、61.8%Go long on dips. However, the first thing investors need to do is find the starting and ending points of the previous uptrend before using this method.

For example,1500The US dollar was the main target for the early gold price, so in1485dollar/There will be a major resistance near the ounce, as this is the retracement level. If8month7Of1510dollar/Ounces are the high point of this market trend, so a good entry point may be a pullback in gold prices1455The US dollar, because it is the price of gold that has risen recently23.6%Fibonacci retracement position. As can be seen from the above, it is necessary to find the starting and ending points of this market trend to determine the retracement level, so as to determine when to enter the market.
(Lingfeng Global Live Room) www.acetop.tv/chatroom/index Heavyweight online, richer market information, more professional foreign exchange interpretation, highly attractive courses, high-quality teachers in charge, zero distance interaction with you, secure victory, welcome to comeForeign exchange trading platformWatch