Wanzhou Gold Industry: How to use technical analysis to trade gold in speculation?

Stir fry in the market nowgoldThe number of people can be said to be constantly increasing, after all, spot gold investment does have great advantages in trading. If combined with technical trading, the possibility of profitability will be greatly enhanced. However, due to the irregularity of gold price trends and the possibility of price lag or advance, how can technical analysis be used to trade gold?
Investors with certain trades are aware that there are many price trend terms in technical analysis, but in fact, this is only the surface of technical analysis. To speculate on gold, one needs to master the core in order to better conduct technical analysis. Generally speaking, if investors make profits by buying long, they only need to buy low and sell high. At this time, they not only need to see the historical chart of the trend clearly, but also need to predict the price trend on the day.
If the fundamental situation is relatively stable for a period of time and there will be no unexpected events, then the probability of short-term trading profits through technical analysis in spot gold investment is relatively high. If the price trend maintains an upward trend at this time, it is likely to continue to rise. Therefore, investors cannot change their direction of operation. They can observe whether the price has reached a high point, whether it takes a long time to reach the high point, and what the magnitude is. Generally speaking, the more rapid the trend is, the more obvious the subsequent decline will be. If it is more balanced, the trend will continue.
For intraday prices（www.wzg.com/gold?401）The judgment is also the same. According to the volatility of the market, there is often a high possibility of a rapid decline followed by a rapid rebound. At this time, investors only need to quickly enter the market when a low point occurs, and sell when the price rebounds. This is a very typical trading method that uses technical analysis.
Of course, there may be missed profits and losses during the analysis process, but the probability of successful trading is relatively high. Using technical analysis to speculate on gold can achieve twice the result with half the effort.