There are many tutorials and methods for speculating on gold in the market, some focusing on fundamentals, some focusing on technical aspects, but no matter from the news or technical aspects, there are limitations, so what are the accurate methods for speculating on gold to build a position.

Gold market operation is best to operate with the trend is better, that is, in the upward trend of low buy, in the downward trend of high throw out. If you want to do a reversal potential that must be the original trend from the form, proportion and cycle of these three aspects at the same time to reach a key reversal point, and to set up a good stop loss for the premise of the case, before entering the market operation.

1, the important reversal point can be done against the market single: in the gold price wave form, proportion, cycle at the same time running to a reversal point, can be done against the market single, and must be light, stop loss can be enlarged some, but can not be no stop loss.

2, see place to do single, break stop loss:As mentioned above, in the upward trend, waiting for the price retracement to the important support level to buy, effectively break the stop loss. Short-term can be sold in the upper rail of the rising channel to close the position (but easily not open a new position to sell short); in the downtrend waiting for the price to rebound to the important pressure level on the short, effectively broken stop-loss. Similarly, in the lower rail of the descending channel to buy to close the position (never open a new position to grab the rebound).

3, broken do single: when the price rose through an important pressure level when the trend to buy, back to break stop loss. When the stock price fell below an important support level when the trend of short selling, back to the break stop loss.

Above several practices no matter which one you take, need to wait patiently for the arrival of the best entry point, if the timing is not good, often see the right trend but lost money. Because the market price fluctuations of gold is not a straight line, any trend is in the shock run out, did not choose a good time to enter the market will make you suffer from the market shock.