How to trade precious metals online?How to invest in precious metals

With the development of science and technology, the investment field has also followed the footsteps of the times. With each passing day, investors have gradually transitioned from the past telephone order transactions to online independent investment orders.

Novice investors have no experience in trading precious metals online, and think that the process is difficult. On the contrary, online trading is very simple. Let gooe gold teacher tell you how to trade online precious metals today!

1. Look at the K-line trend for investment transactions

Online trading mainly judges the future price of gold through the precious metal price records of MT4, and orders are opened at suitable points.

The K line records the information of the gold price. The upper and lower shadows represent the highest and lowest points of the gold price. The upper and lower ends of the candlestick record the gold's price and the opening price.

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Looking at the K-line chart as a whole, observing the shape of the K-line, you can also predict the future trend of gold prices. Recommended reading: How do novices fry precious metals to make money

2. Choose when to conduct online transactions

The most active time for precious metals trading is from 8 to 12 in the evening. This is the time when the U.S. market starts to be active. Investors can seize more profit opportunities by entering the market at this time.

3. Precautions for online precious metals trading

Precious metals are best not to hold positions overnight, if you have to hold positions, you must set a stop price and take profit price.

When participating in precious metal trading, don’t trust your instincts too much, but look at international news, not to say what others say, but to see what’s happening in the market; pay special attention to precious metals, and don’t easily fill up positions at any time operating.