Second, the first is to find the line drawing function of the analysis software, and click; Click the golden section line in the line drawing toolbar. If the upward trend is going to fall after the end, draw it from a relative high point to the previous relative low point on the trend chart; On the contrary, draw from the low point to the previous high point, so that the main support level and resistance level can be drawn. If the exchange rate is at the bottom rebound stage, click this low point with the left mouse button as the base point, hold down the left mouse button, drag the mouse to align the sideline with the corresponding high point, that is, trace back the peak of this falling band, release the left mouse button system, and generate the golden section line of upward pressure rebound. For example, based on the low point of 1259 on September 3, 2004 and the high point of 1783 in April, 2004, the counterattack launched at 1259 just met with obstacles and fell back at the golden section.
Third, if the exchange rate is in the peak-falling stage, click the high point with the left mouse button based on this high point, hold down the left mouse button, drag the mouse to align the sideline with the corresponding low point, that is, trace back to the bottom of this rising zone, and release the left mouse button system to generate the golden section line. Draw the golden section line, the most important thing is two points, that is, the highest point and the lowest point in a wave of market.
Fourth, the role of the golden section: you can predict the position of rising and falling in advance, as well as the rebound resistance and the price supported by falling.
5. Gold futures are also called "gold futures contracts". Futures contracts with gold as the trading object. Like general futures contracts, gold futures contracts also include trading unit, quality grade, term, final maturity date, quotation method, delivery method, minimum price change range, daily price change limit and so on. According to the different units of measurement, gold futures contracts can generally be divided into two specifications. Take the Chicago Grain Exchange as an example. One is gold futures with a weight of 1 1,000g and a purity of 99. 5%, and the other is gold futures with a weight of 65,438+0,000 Moz and a purity of 99. 5%.
6. General gold futures trading software can choose MT4 trading software. MetaTrader 4 (abbreviated as MT4) is the abbreviation of MetaQuotes software Corp4. Majdak Software Company has released an advanced online trading platform specially designed for financial intermediaries, aiming at providing trading platforms for foreign exchange, contracts for differences, stocks and futures markets for customers of financial intermediaries. The trading platform provides powerful functions for traders, including various trading execution functions, unlimited charts, a large number of technical indicators and curves, user-defined indicators and scripts.