Generally speaking, buyers and sellers of gold futures sell and buy back contracts with the same number as the previous contracts before the contract expires, that is, close positions, and do not really deliver real money and silver. The profit or loss of each transaction is equal to the difference between two contracts in opposite directions. This way of buying and selling is what people usually call "speculating in gold".
Gold futures contract trading only needs a margin of about 10% of the transaction amount as the investment cost, with high leverage and a small amount of funds to promote large transactions. Therefore, gold futures trading is also called "margin trading".
First of all, we should realize that the price of gold futures is closely related to three major factors, namely, the exchange rate of the US dollar, the international crude oil price and the changes in the international gold supply and demand. It is necessary to speculate on gold futures and avoid short-term operations, because the price of gold futures does not change as fast as that of stocks. For the recent evaluation of the gold market, experts generally believe that "the gold market has embarked on a long bull market", so it is not necessary to operate gold futures frequently, and should focus on medium and long-term investment.
Secondly, the operation of gold needs to pay more attention to the changes in the domestic and international situation, the rise and fall of international crude oil prices, and the changes in the structure of national foreign exchange reserves. In short, if you want to speculate in gold futures, you must watch CCTV news every day.
Next, Bian Xiao analyzes how to operate today's gold futures:
Judging from the daily K-line, the gold price and two trading days form a multi-square gun with two yang and one yin, which is a typical multi-head upside combination, supported by a 60-day moving average below. If you call back to this line, you can boldly follow up more orders. In the four-hour gold price chart, the MACD red-green kinetic energy bonding is parallel to the zero axis, and the long-short direction is still unclear, but the STOCH double-line cross hook is downward, and the RSI three-line has a bonding trend.