Short-term trading can use technical indicators, such as10,60 moving average system. /kloc-when the 0/0 moving average crosses the 60 moving average, sell gold; When the 10 moving average crosses the 60 moving average, buy gold. Looking for trading signals through the intersection of moving averages.

The above picture shows the chart of gold/USD 1 hour. Trading signals can be found by crossing the 10 and 60 moving averages, but we can also see that the trading entry point is not the best entry point. And it is likely to be broken by market reversal soon.

All technical indicators may send out delay or false signals, so the short-term trader's strategy is mainly stop loss.