Hello, here are some ways to look at the gold disk, I hope it can help you.
1. Opening price
It is a combination of long and short parties 5 minutes before the opening. It has reflected part of the main intention, especially when other related market prices occur. In the case of sudden changes, the opening price can better reflect the attitude and determination of the warring parties.
2. Closing price
The closing price is a summary of the price trend throughout the day. It is also an evaluation of who wins and who loses in the day's long and short competition. The closing price is still the same as the next one. Generally speaking, in the consolidation market, when the main force is not willing to reveal its intentions too much, the closing price is relatively close to the settlement price of the day.
3. The highest price and lowest price in the session
These prices reflect the battle between long and short in the continuation stage. The characteristic is that there are often higher prices near the highest price or the lowest price. The large trading volume can be seen clearly from the time-sharing line. In the consolidation market, these two prices become the price range positioning ruler for all-day trading, and investors will complete intraday transactions within this range.
4. Trading volume
The size of the trading volume on the day reflects the preference of market investors to trade within the price range of the day. It also reflects the current psychological state of investors. , actively intervene or wait and see, or hold money and wait. Looking at a deeper level, it reflects that the energy of price changes in a certain direction is gathering or being released. When transactions are effectively amplified, it is either the beginning of the market or the end of the market in stages. , of course, a comprehensive judgment must be made in conjunction with factors such as position volume and price.
5. Positions
Changes in positions play an important role in price movement and represent the main position willingness and intention. It is divided into active increases (decreases) and passive increases. (Reduce) positions, through the changes in positions, the main position cost can be estimated, providing investors with a certain basis for buying and selling in operations. Generally speaking, if the position change range exceeds 20% on a certain contract that day, it may induce The reversal of the original trend of the market.
This information does not constitute any investment advice, and investors should not use such information to replace their independent judgment or make decisions based solely on such information.