Anyone who knows a little about paper gold knows that paper gold is a paper transaction of gold, and the transaction records of investors are only reflected in the "gold passbook account" opened by individuals in advance, and it does not involve the withdrawal of physical gold. The profit model is to buy low and sell high, so as to obtain the difference profit. Paper gold is actually profitable through speculative trading, rather than investing in physical gold. At present, the domestic market mainly includes paper gold of CCB, ICBC and BOC.
The price trend of paper gold includes gold bonds, gold account passbooks, gold warehouse receipts, gold bills of lading, gold bills of exchange, large denomination gold negotiable certificates of deposit, open positions in spot gold trading, and special drawing rights of the International Monetary Fund. All belong to the category of paper gold.
The price of paper gold is influenced by many factors, so like any other investment, investing in "Huang Jinbao" will also face certain risks, and investors must maintain a good investment mentality.
Factors affecting the price of gold: the strength of the US dollar, geopolitical situation, global inflationary pressure, changes in the relationship between supply and demand of gold, the increase and decrease of the central bank's gold reserves, the rise and fall of international crude oil prices, the safe-haven operation of gold producers, the performance of global economy, stock market and bond market, COMEX trading volume and the reference of open contracts.
For investors who have just entered the paper gold investment market, although the ordinary trend chart is clear at a glance, it is not as powerful as the K-line chart. But what about the K-line chart?
It can be seen that the colored lines in the paper gold trend chart are actually the K-line chart as an important tool in the paper gold trend analysis, so what do these lines represent?
Specifically, these lines are moving average lines (MA), which is a technical analysis method based on Dow Jones' concept of average cost and adopting the principle of "moving average" in statistics to connect the average stock price in a period of time into a curve to show the historical fluctuation of stock price and then reflect the future development trend of stock price index. It is an intuitive expression of Dow's theory.
In the daily K-line chart, the white line, yellow line, purple line and green line represent the daily average of 5, 10, 20 and 60 respectively, but this is not fixed and will change according to different settings. For example, it can also be set as a moving average of 5, 15, 30, 60 in the system.
Among the factors that determine the success or failure of gold trading, the most crucial thing is whether the price trend of gold can be correctly analyzed and judged. Gold trading is not like buying size, it depends entirely on luck. Even if the benefits can be obtained, the results can not be controlled at all, and it is necessary to predict through certain analysis. There are two main methods to predict the price trend: basic analysis and technical analysis. Both of them analyze the market from two different angles and have their own characteristics in actual operation, so investors should combine them.