Stop loss is a risk prevention mechanism. In order to control the risk within a certain range, investors will set a stop loss when operating. For example, if you short above 16 10, the price will rise instead of falling. In order to control the risk, set the stop loss to 1606. When the price reaches 1606, the system will automatically help you close your position to prevent the risk from expanding.

The target is the price position that needs to be closed, such as shorting at 16 10, and the indicator shows that the price can only fall to 1600, then this 1600 is the position that you need to close, that is, the target.

Resistance and support reflect the psychological price of investors. Many people think that there is buying at a certain price position, so this position is a support. Many people think that there is selling at a certain price position, then this position is resistance. What is higher than the price now is resistance, and what is lower than the price is support, but the farther away from the current price, the stronger the resistance support.

Paper gold and spot gold are not quoted at the same price, so the timely price is not the same, but both are gold investment varieties, and the trend is indeed the same. Therefore, in operation, the price of spot gold can be used as the basis for opening and closing positions of paper gold. However, due to the different sensitivity to the message, it can only be used as a reference, not as an absolute basis for making orders.