However, before investing in gold speculation, investors should have a comprehensive understanding of the trading rules of gold speculation, including transaction costs, trading time, market factors and so on. You can open a simulated account in Wanzhou Gold Industry Platform and use virtual funds to make orders, so as to improve the skills of making orders. After mastering the rules and investment skills, you can trade with real accounts.
Of course, if you want to speculate in gold to make money, you still need to master certain skills and methods. For example,
1. Learn technical analysis: by analyzing the trend of gold price, find out the key points such as price trend, support level and resistance level, so as to predict the future trend of gold price.
2. Fundamental analysis: Pay attention to the influence of global economic situation, political situation, monetary policy and other factors on gold price, so as to predict the future trend of gold price.
3. Learn to control risks: set a stop loss to avoid excessive losses and pay attention to fund management.
4. Choose the right trading time: Although spot gold can be traded 24 hours, the most suitable trading time is from 8: 00 pm to 12 pm, during which the gold price will be more active and there will be more room for operation.