Zhubo Huangyu Precious Metals: A Brief Introduction to the Presentation Method of Candle Images

For investors, it is not unfamiliar to mention candle charts, also known as candle chartsKLine chart originated in Japan. A long time ago, it was used in Japanese rice market trading, and rice merchants took advantage of thisKUse a line chart to calculate the price of rice and its daily fluctuations.



The candle chart is actually a way for people togoldA bar chart seen in the market that visually displays the daily, weekly, and monthly opening, closing, highest, and lowest prices of gold, as well as their fluctuations. Investment professionals must carefully understandKThe presentation method of line charts is essential for better investment. So this kind ofKWhat is the representation method for line graphs?

Firstly, candle chart investors can useKA line chart provides a wealth of information, which can fully reflect the trend and strength of gold prices; At the same time, it can also see the balance of power between buyers and sellers in the gold market. Predicting the future direction of the gold market based on this graph is relatively accurate, so even highly renowned professional gold analysts need to use itKUse line diagrams for technical analysis.

Secondly, upon careful observation, it is not difficult to see that there are straight lines of different lengths above and below the candle diagram entity, which is like a single firecracker pulled down from a firecracker with a twist on both sides. The thin line above the entity is the upper shadow line, and the thin line below is the lower shadow line.

When the closing price is higher than the opening price, which is when the gold price trend is on the rise, in this caseKThe line is called a positive line, and the middle entity is represented by a blank or red. At this point, the length of the upper shadow represents the price difference between the highest price and the closing price, the length of the entity represents the price difference between the closing price and the opening price, and the length of the lower shadow represents the difference between the opening price and the lowest price.

Investors must remember the specific representation methods of these candle charts clearly, so that when encountering complex situationsKWhen using a line chart, it is also possible to break it down to analyze the market situation, ensuring the accuracy of technical analysis and helping oneself improve investment success rates and earn investment returns. Zhubo Huangyu's live broadcast also provides daily support15Free hourly live streaming, with top industry experts sitting throughout the entire process, precise order delivery, and providing customers with the best London Gold investmentbibgold.comExperience!