What are the tips on how to open a position in speculative gold?

How to build a position in gold speculation? What are the techniques of gold investment? Gold speculation is an investment behavior. Investing in gold can usually help investors become a combination of financial investment.

The gold market is divided into clear and unclear, and the operation can be done or not. Only move when there is a clear trend, do not force the market when it is uncertain.

Open positions need to be clear about two points. The first point is to determine whether the trend is going up or down, so as to determine whether to go long or short; the second point is to grasp the position and timing.

Each gold investor has a different style of trading, some are good at ultra-short-term, some are good at wave bands, and some are good at trends. Investors can choose their own positions according to their personality characteristics and time and energy.

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What are the techniques for opening gold positions?

1. Make an order at the position and break the stop loss. In the upward trend, wait for the gold price to pull back to the important support level to buy, and stop the loss after the effective break. Short-term can sell and close positions on the upper track of the rising channel (but it is easy not to open short positions); in the downward trend, wait for the price to rebound to an important pressure level and sell short, effectively breaking the stop loss.

Similarly, buy and close the position at the lower track of the descending channel (never open a new position to grab a rebound).

2. To break the order: When the price rises above an important pressure level, buy at the trend and return to the break position to stop the loss. When the price falls below an important support level, it will sell short and return to the stop level.

3. An important reversal point can only be used as a reverse market order: when a large wave pattern, ratio, period runs to a certain reversal point at the same time, the reverse market order can be made, and it must be a light position, and the stop loss can be amplified. , But there can be no stop loss.

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