Let me tell you the trading time of paper gold.
1 and 5- 14 in the morning are generally extremely light, mainly because the driving force of the Asian plate is small! Generally, the vibration amplitude is small and there is no obvious directionality. Mostly for adjustment callback. Generally, it is contrary to the trend of the day. For example, the trend of the day rose, and during this period, it mostly fluctuated slightly. In the meantime, if the price is right, you can purchase goods appropriately.
2. Noon 14- 18 is the morning market in Europe.
After Europe starts trading, the funds will increase, and this time will be accompanied by the release of some data that have an impact on European currencies! In the meantime, if the price is right, you can purchase goods appropriately.
3. In the evening 18-20, Europe is closed at noon, and the American market is light in the early morning! This time is the lunch break in Europe and the eve of waiting for the start of the United States. This time period should wait and see.
4.20:00-24:00, afternoon session in Europe, morning session in America! This period is the time when the market fluctuates the most, and it is also the time when the amount of funds and the number of participants are the largest. During this period, we will act in full accordance with the direction of the day, so judging the market will be based on the general trend, and this period is a good time to ship.
From 5.24: 00 to early morning, it is the afternoon time in the United States. Generally, this time has already come out of the big market, and this time it is mostly a technical adjustment to the previous market. We should wait and see.
In fact, gold speculators in China have an incomparable time advantage compared with other time zones, that is, they can seize the most fluctuating time period from 2/kloc-0 to 24: 00. For ordinary investors, they are all engaged in non-gold professional work, and 5:00-24:00 pm is free time, which can be used for gold investment and will not be distracted by work.
Personally, my trading habit is to place an order at 15- 18 in the afternoon and set a stop loss, and then I don't have to keep staring at 17: 00, 17: 30- 18: 00 and 20:/kloc.
Investors who can't catch up with the afternoon will of course wait until the evening to trade, but it is best to wait until after 20: 30, that is, when the second-board market starts, that is, when Europe closes and America opens at noon. Be very careful if important data is released.
It can be said that God has created unparalleled trading time for people in China's time zone, so let's trade as attentively as possible, so make good use of it.