Gold price fluctuation analysis and investment recommendations
As an important precious metal, gold fluctuations are affected by many factors.Investors often pay attention to the trend of the gold market to get investment opportunities.This article will analyze the price fluctuations of gold from different perspectives and put forward corresponding investment advice.
The impact of global economic situation on gold prices
The global economic situation is one of the important factors affecting the fluctuation of gold price.Under normal circumstances, when the global economy is facing uncertainty and risks, investors tend to turn to risk aversion assets, including gold.For example, when economic recession or geopolitical tensions intensify, people often increase demand for gold and push their prices.
The relationship between US dollar exchange rate and gold price
The US dollar exchange rate is another factor that directly affects gold price fluctuations.Because most of the international commodity transactions are denominated in the US dollar, when the US dollar is strong, the relative depreciation of other currencies may cause the increase in the cost of buying US dollars in other countries and reduce purchasing power and reduce their purchase of valuable products such as silver, crude oil, and crickets required for expenditures required for items.Quantity, which also includes the jewelry industry.
Inflation expectations and actual data release
Inflation expectations are also one of the main reasons for market emotional changes and then leading to stocks and foreign exchange. It can also reflect whether a country's current monetary policy is valid and the country's future development trend direction. As inflation may erode currency, currency may erode currencyValue, and leading to a decline in actual income, decline in purchasing power, suppressing consumer confidence and lowering the growth rate of GDP. Therefore, when the data is announced is far higher than expected, the market generally believes that the central bank will take more intense measures to suppress the rise in prices to rise and suppress the strategic intention.On the contrary, the central bank may relax the monetary policy to spend and promote GDP growth.
Technical analysis and operation recommendations
From a technical point of view: In recent years, with the rapid development of science and technology, we can identify what stages in the market and where the future may be through the Elliott Wave theory;MOVING AVERAGE Convergence DiverGence) to identify whether it is currently in the oversold or oversupply, and whether there is a continuous operating space in the future; to identify the current market's strength and weakness through the KDJ indicators.
Operation suggestion: According to the above basic knowledge, choose the rules of stop loss management and maintain patience according to your favorite style.
Summary: As a novice, choose an analog account for virtual transactions and then try the real account for transaction.
-Ne Connectance-
With the increasingly complicated and complicated economic forms around the world, the infinite phenomenon of chaotic phenomena is frequent, but just like the sunshine always sets up frustration after the storm, it will only make us more firm.
Darkness always exists but there will always be light