What basic knowledge do beginners need to know when using precious metals investment spot gold?
Many netizens have asked this question, and now I will simply share it with you based on my personal experience in giving gold and precious metals: First, the technical side-the most basic and simple is the K-line. It should be understood that the K-line is composed of several prices (opening price, closing price, highest price and lowest price), which can quickly distinguish the colorless Yin-Yang line. Then, we should know more representative K-lines, such as bald K-line, hammer line and cross star. And simple K-line combinations, such as Red Three Soldiers, Dark Clouds Covering the Top and Inoculation Form. Thirdly, learn the technical indicators such as graphic form. The second is the fundamentals-that is, the factors and information that affect the gold foreign exchange market. 1, interest rate-for example, what impact will the European Central Bank's interest rate hike have on European and American currency pairs? 2. Economic data-such as non-agriculture, unemployment rate, purchasing managers' index, etc. 3, commodity prices-this focus is on the impact of commodity currency. 4. The impact of natural disasters, such as 1 1 Japan earthquake, on the yen. 5. The government intervenes in the exchange rate-the most typical is the Swiss franc, which is probably the case.