When is the good time to close a spot gold transaction?

When is the good time to close a spot gold transaction ? In the process of spot gold trading, everyone often attaches importance to grasping the timing of buying, but it is also very important when to close the position. Premature liquidation may lead to the failure to obtain subsequent rich profits, but if the position is not delayed, the market may eventually return to the starting point when buying, or even turn profit into loss, and be locked. So, when is the good time to close positions? 1. Usually when the price is close to the first support or blocking level, investors need to be cautious. At this time, stable investors can close the position immediately to prevent the market from callback, and radical investors can wait for the market to break through. 2. If the important fundamental news is announced, the gold price does not show the expected obvious reaction. At this time, it may be because the market has digested the news in advance, and investors need to firmly close the p...