Buying up is also called buying more. It means that people are optimistic about the future rising prospects of gold prices in the international market and wait for profits by buying and holding. Buying more refers to being a long position, and the judgment of the market is rising. People judge that gold has an upward trend, buy at the current price, wait for the price to rise, and then sell. Earn the difference in the middle as a profit.
Under normal circumstances, if the current world economic development is unstable, people will have a certain degree of panic about the current level of economic development, which has been fully confirmed by various economic data published in the market. International political and military factors are tense, and the supply of gold is decreasing. All these factors can lead to an increase in the price of gold investment, which is an obvious long signal for traders.
Step 2 buy down
In the gold investment and trading market, buying and selling is also called empty, which means that people judge that the price of gold has shown an obvious downward trend in the near future according to various information presented by the market. When the price of gold is still relatively high, selling and opening positions, and then buying and closing positions when the price of gold is relatively low, such an operation mode can also help traders obtain rich investment trading profits.
The signal to judge whether gold investment is short is just the opposite of the buying signal. For the gold investment and trading market, people tend to short when the economy is developing rapidly, because the demand for gold's hedging function is not high at this time, which often does not drive the price of gold to rise. And if the demand for gold price decreases in the current market development process, it can also play a role in price suppression.