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Practice is always stronger than theory, and theory also needs practice to verify. Just as the market trend happens to reverse in an instant, in this case everything Don't treat it as a one-sided deal because the market operation has changed. Unpredictable risks must be eliminated or avoided first in trading. Just like this Monday's spot market, the strong change in technology is an extremely typical one. example. Therefore, in the trading process, if you always want to catch the top or guess the bottom, you need rational analysis and clear thinking. Once the trend changes, you must also change accordingly and follow the trend. Of course, this is not talking about chasing the rise. fall.
The above is a simple guide given by the author to some of the troubles that many investment friends have encountered recently. Before the market has truly reached a top or bottom, there is no need for us to make unnecessary guesses, because then we may not even be able to capture the profits from the shock, or even lose more than the gain.
Let’s get back to the subject. Let’s return to the performance of yesterday’s spot market. The opening in the morning continued the previous higher closing and strengthened, and there was a wave of gains. The highest intraday hit was the spot precious metal, which also became the high point of the day. Subsequently, The European market consolidated at a high level, but the spot precious metals were affected by the data and the sharp surge in US stocks. The spot prices were finally able to fall under pressure. It once broke the support of the spot precious metals during the session. It is strong if it is strong, and it is not bad if it is weak. The competition between long and short is fierce and switching. The frequency of gold prices has become the norm in the beginning of the year, and for gold prices, which have begun to strengthen this year, the substantial inflow of gold prices and the consistent improvement of the market are powerful driving forces supporting the upward trend of gold prices. However, what is currently faced and urgently needed is the cooperation of fundamentals. with support. Since non-agricultural data is about to come this week, today's small non-agricultural data may be able to provide a glimmer of information. Therefore, before that, the volatility of gold prices may still be intense, but the space will remain until the end of the week.
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Huatong Platinum Silver Spot Silver Technical Analysis