The gold price trend chart refers to the latest price trends of global international gold prices. The global gold price index is the same, and no institution or individual can control its rise or fall.

The gold price trend chart is a technical graphic that displays the price, time, trading volume and other information of the gold trading market within a certain period of time on a coordinate chart using curves or K-lines. The horizontal axis of the coordinate is a fixed time period, the upper half of the vertical axis is the gold price or index in that time period, and the lower half shows the trading volume. According to the definition, trend charts can be divided into two types: curve charts and K-line charts.

Gold price trend chart analysis is the same as stock trend chart analysis. It mainly depends on changes in market conditions and prices. Gold price changes are related to market conditions.

On August 5, 2020, the price of gold exceeded US$2,033 per ounce, setting a new historical record.

Influencing factors:

1. Investment skills

Generally speaking, precious metal trading mainly achieves profits through buying long and selling short, that is, if you predict If the future trend is to rise, then buy a long order, and if it is predicted to fall, sell a short order. As long as the future trend is in the same direction as your prediction, you can make a profit. The whole process will only take a few minutes in the shortest time. Everything depends on the price. How do you do it. Of course, if you don’t want to spend energy on research yourself to save effort, you can also find some more professional platforms to follow their orders, such as Fulen Capital, etc. The trading model of this type of capital market is more direct and faster than traditional stock trading. , quickly enlarging the profit potential through leverage. If the operation is stable, you can achieve a profit of at least 20% of the principal every month. 90% of the transactions in the top international secondary markets adopt the spot trading model. You can refer to it for more reference.

2. Technology Industry

Gold has high plasticity due to its low ignition point and strong ductility. Therefore, the electronics industry, electroplating industry, medical science, etc. consume more than 60 tons of gold every year, accounting for about 17% of the total consumption. Therefore, the more developed the above industries are, the greater the demand for gold, and the price of gold will rise. This factor is also not a short-term influence.

3. Investment demand

Investment demand is different from consumption demand for real gold. The leverage effect of the former often causes greater changes in demand. The price of gold may rise or fall no matter how much it rises or falls. Relevant to the Fund’s speculative activities. As gold prices continue to rise, the investment demand for gold is also increasing accordingly. As more and more hedge funds get involved in the commodity market and the emergence of gold funds, more and more gold investment varieties are launched, the demand for gold investment has hit a historical record. The data of long positions on the New York Mercantile Exchange alone has reached 2012 gold 30% of output. As China further opens up its personal gold investment market, physical investment products such as gold coins and gold bars require a large amount of real gold, and the investment demand potential for gold is quite huge.