What are the advantages of technical analysis in precious metals investment? What are the disadvantages? Technical analysis plays an irreplaceable role in precious metals investment. However, to truly apply technical analysis, we must have a more thorough understanding of technical analysis methods. The following is a detailed description of the advantages and disadvantages of precious metals investment's technical analysis shared by Jintou Bian Xiao.

What are the advantages of technical analysis in precious metals investment?

1, flexibility

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Precious metals investment's technical analysis is applicable to any trading medium and any time scale. Whether doing gold and silver, analyzing the market trend for hundreds of years, or analyzing the target price trend for several hours, the basic technical analysis principle is the same. By calling up the price trend chart of any target, we can get the price-related information and analyze the trend, that is, predict the future trend.

Step 2 be clear

You can see the obvious bottom or top shape in the chart, and you can also see various trading signals, which can prompt investors to prepare for trading. Similarly, some major support levels or moving averages are broken, which usually means great opportunities or risks. The above is the clarity of precious metals investment's technical analysis, but clarity does not mean correctness.

Step 3 be simple

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