How to grasp the entry point of gold

? First of all, the most important thing is to follow suit. Be sure to look at the big cycle chart and analyze the key points of the trend, while the small cycle is mainly used to accurately capture the specific points and determine the decline of the big cycle.

Secondly, we can use some long-period moving averages and bollinger bands to help find the position, such as the moving average 120 and the weekly moving average of 30;

In addition, drawing a line on the K-line chart above the four-hour chart also helps to find the opening point and analyze it. In practice, do it as close as possible to the key points analyzed, so as to control risks.

For the grasp of the opening point, the biggest taboo is to pay attention to the small cycle and time-sharing chart. If you fall, you will be bearish and chase after the air, and if you rise, you will be bullish and chase more; Secondly, try to build positions according to the law of slow rise and sharp fall of gold, and do less contrarian orders and bo callbacks.