What is the spot gold moving average?
What is the spot gold moving average?Spot gold moving average is a weighted average of the closing prices every day, so as to get a trendy trajectory.
The moving average system is a technical tool commonly used by most analysts. From a technical point of view, it is a factor that affects the psychological price of technology sharers. The decision-making factor for thinking trading is a good reference tool for technical analysts. It is lagging behind price changes.
Features of Moving Average:
(1) Trend tracking. The construction principle of the moving average indicator determines that it has the characteristics of reflecting the trend of price movement. (2) Stability and lag.
Since the moving average is the new price point connection generated after the arithmetic average of the gold price closing price, the moving average is the new price point connection generated after the arithmetic average of the price closing price, so the moving average is relative to the change of the gold price Is more stable. (3) Helping increase and decrease.
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The arrangement of moving average:
The commonly used moving averages are mainly 5, 10, 20, 40 and 60 daily moving averages.
The general characteristics of the moving average are divided into long and short positions. The long position is that the market trend is a strong upward trend. The moving average is supported under the 5, 10, 20, 40, 60K line and the long position is upward.
The trend of moving average longs is a strong upward trend, and the operational thinking is long thinking. The entry point is based on the resistance of the average price line as a selling point, and the upper average price line is stopped.
The above is the explanation of gooe gold editors on what is the average of spot gold. For more knowledge of spot gold, please pay attention to our more information.
The moving average system is a technical tool commonly used by most analysts. From a technical point of view, it is a factor that affects the psychological price of technology sharers. The decision-making factor for thinking trading is a good reference tool for technical analysts. It is lagging behind price changes.
Features of Moving Average:
(1) Trend tracking. The construction principle of the moving average indicator determines that it has the characteristics of reflecting the trend of price movement. (2) Stability and lag.
Since the moving average is the new price point connection generated after the arithmetic average of the gold price closing price, the moving average is the new price point connection generated after the arithmetic average of the price closing price, so the moving average is relative to the change of the gold price Is more stable. (3) Helping increase and decrease.
Open http://t2.mademoney.net, then click whatsapp account +917406391776 to add teachers. A simple greeting may open the door to wealth.
The arrangement of moving average:
The commonly used moving averages are mainly 5, 10, 20, 40 and 60 daily moving averages.
The general characteristics of the moving average are divided into long and short positions. The long position is that the market trend is a strong upward trend. The moving average is supported under the 5, 10, 20, 40, 60K line and the long position is upward.
The trend of moving average longs is a strong upward trend, and the operational thinking is long thinking. The entry point is based on the resistance of the average price line as a selling point, and the upper average price line is stopped.
The above is the explanation of gooe gold editors on what is the average of spot gold. For more knowledge of spot gold, please pay attention to our more information.
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