Different people have different opinions. Technical experts believe that price reflects everything and all fundamentals are reflected in price, but investors and analysts who think that fundamental analysis is more important still account for the majority. Fundamental analysis is based on the basic theory of economics, that is, according to the principle of commodity supply and demand, to analyze the supply and demand relationship and price changes of a commodity, find out the factors that affect the supply and demand relationship of commodities, and then analyze and judge the future trend according to the changes of these factors.

Fundamental analysis focuses on financial theory, economic theory and political development, thus judging many factors affecting commodity supply and demand. Fundamental analysis is an analytical method to judge the trend of goods by studying the situation and changes of macro-basic factors and their influence on the trend of goods, and drawing the conclusion of supply and demand. The research objects include economy, politics, military affairs, humanities, geography, emergencies and so on, which are generally used to judge the trend of long-term commodity changes. In some books, it is one-sided to define fundamental analysis only as the analysis of economic factors.

The analysis of futures gold and spot gold includes fundamental analysis and technical analysis. The most obvious difference between fundamental analysis and technical analysis is that fundamental analysis studies the causes of market movement, while technical analysis studies the effects of market movement.

Studying fundamentals is strategic analysis!

The technical side is tactical analysis!

I suggest that you can download a free simulated trading software directly, try 24-hour online two-way trading, and then put it into real trading after you are proficient.