2. Government's gold policy and the central bank's gold trading policy.
3. The central bank's monetary policy.
4. Global gold supply and demand.
These are the reasons that affect the price of gold. Understanding their relationship with the price of gold can better judge the future rise and fall of the price of gold.
How to look at the London gold market chart also includes technical analysis methods.
Investors can refer to several technical indicators when predicting the trend of London gold market through technical analysis:
1.k-line diagram.
Candle diagram is also called candle diagram, daily line, yin and yang line, bar line, red and black line, etc. , usually called "K-line". It is based on the opening price, the highest price, the lowest price and the closing price of each analysis period. It is a technical graph that shows the price, time, trading volume and other information of the gold trading market in a certain period of time on a coordinate graph with curves or K-lines.
2. Trend line chart.
The purpose is to predict future price changes. This straight line is formed by connecting the highest or lowest price points of securities or commodity futures rising or falling in a certain period of time. Trend line analysis must be combined with other technical analysis, and the effect can be better.
3. Dow theory.
Tao Theory is a book published in seismological press in 2008 by American writer Robert Rhea. This book is a financial investment book, which talks about three hypotheses, three axioms and five theorems in the futures market.
4.KDJ stochastic indicators.
KDJ index, also known as stochastics, is a very novel and practical technical analysis index. It was first used in the analysis of futures market, and then widely used in the short-term trend analysis of futures market. It is the most commonly used technical analysis tool in the futures market.
5.MACD indicators, etc.
MACD is called exponential smma, which is developed from double exponential moving average. Subtract the fast exponential moving average (EMA 12) from the slow exponential moving average (EMA26) to get the fast DIF, and then use 2 (the 9-day weighted moving average DEA of the fast DIF-DIF) to get the MACD column. The meaning of MACD is basically the same as that of double moving averages, that is, the dispersion and aggregation of fast and slow moving averages represent the current long and short state and the possible development trend of gold prices, but it is easier to read.