Candle chart, moving average and trend line. The candle chart shows the opening price, closing price and the ups and downs of the day. The moving average is usually 5 days, 10 days, 20 days, 60 days, 6 months and 1 year. If the moving average goes up, it goes up. The line connecting the lowest point and the highest point is the trend line, which is a very important analysis index.

In fact, whether it is paper gold, futures gold or spot gold, the principle of K-line analysis is the same: First, what is the overall structure? Shock zone, rising zone or falling zone!

Then look at the morphological analysis: triangle, M head, W bottom, box, diamond, flag shape, head and shoulder top (bottom), island shape!

Narrow it down slowly! The minute K-line chart is shorter and the daily K-line chart is farther. The principle of analysis is the same. The core of technical analysis lies in the trend. Don't care too much about short-term fluctuations, otherwise it will often be fooled by the market.

In order to analyze the price of gold in combination with the actual K-line chart, it is suggested that you can directly download a free simulated trading software, try 24-hour online two-way trading, and then put it into real trading after you are proficient.