1. Because the daily volatility of gold prices is relatively low, the average daily volatility of gold prices in the past 10 years was 1.58%. Therefore, according to the historical fluctuation characteristics of gold price, you can set a take profit position or a stop loss position near the upper limit of the daily fluctuation range.

2. If the intraday gold price rises to 1.6%, investors in short-term trading can consider taking profits from their positions when the increase reaches around 1.5%. Medium-and long-term investors can set the stop loss position by combining the preset risk-return ratio and the investment ratio. For example, investors who enter the market for the first time can put about 30% of their capital into the market, and the profit-loss ratio is set to 3: 1, and stop loss when the loss reaches 30% of the expected profit.

3. Because gold has strong monetary and financial attributes, the fluctuation direction and amplitude of gold prices in domestic and foreign markets are very close, and the opportunities for cross-market arbitrage are limited. Therefore, there is such a skill when setting a stop-loss plan, that is, when consolidating, the stop-loss ratio should be appropriately reduced, and the unilateral market can be appropriately enlarged.