At present, most analysis software has line drawing auxiliary functions. The drawing of the golden section line is relatively simple. The drawing method is as follows:

1. The first thing is to find the analysis software. Click on the line drawing function;

2. Click the golden section option in the line drawing tool bar;

3. If the stock price (exchange rate, gold price) is in the stage of bottoming out and rising , take this low point as the base point, click on this low point with the left mouse button, and hold down the left mouse button, drag the mouse to align the edge with the corresponding high point, that is, trace back to the peak of this falling band, release the mouse The left-click system will generate the golden section line that rebounds upward to the upper pressure level.

For example: taking the low of 1259 on September 13, 2004 as the base point and the high of 1783 on April 2004 as the peak, the golden section line was drawn. The counterattack launched at 1259 points happened to be blocked at the golden section line. fall back.

If the stock price (exchange rate, gold price) is in the stage of peaking and falling, use the high point as the base point, click the high point with the left mouse button, hold down the left mouse button, and drag the mouse Align the edge line with the corresponding low point, that is, trace back to the bottom of this rising band. Release the left mouse button and the system will generate the golden section line.

For example: Taking the high point of 1529 in March 2003 as the base point and the low point of 1311 in January 2003 as the trough, the golden section line is drawn. Among them, the 0.382 callback level of 1311-1529 is 1445 points, and the market is just right. It stabilized at 1447 points and launched a new round of upward attack.

In actual operation, you should also pay attention to: 1. The two most important lines in the golden section are 0.382 and 0.618. In rebound, 0.382 is a weak rebound level, 0.618 is a strong rebound level, and in callback, 0.382 It is a strong callback level and 0.618 is a weak callback level.

How to draw the golden section line for rising prices?

Now start drawing from the lowest point of the bottom to the highest point of the rebound. You will see six golden sections appearing, the lowest one The solid line represents the support line at the bottom of the decline, the highest solid line represents the head rebound resistance line, and the three dotted lines in the middle represent the support lines for callbacks (61.8%, 50.0%, 38.2%), We will buy based on the second (50.0%) golden section in the middle. If the market outlook continues to break through the previous rebound resistance line, we will see another three rebound resistance lines (61.8, 50.0, 38.2)%. We will use the second one in the middle (50.0%) for gold. Sell ??based on the dividing line. The function of drawing the rising golden line is to find the resistance level for rebounding in the rising channel and the support level for callback buying

How to draw the falling golden line

Just draw the falling golden section line exactly opposite to the rising golden section line. Why draw it like this? Because when the downward trend has not changed, you have to wait and see when doing (stocks), because (stocks) cannot be shorted and can only be longed. Therefore, when buying (stocks), you have to wait until the correction position has stabilized before buying. You can either buy as soon as it falls or as soon as it rebounds. You can use the golden section to find the buying point of the correction. Start now. Drawing from the highest point of the top to the lowest point of the decline, you will see the appearance of six golden lines. The highest solid line represents the rebound resistance line of the head, and the lowest solid line represents the support line of the bottom of the decline. When drawn in this way, both Seeing that the resistance lines for the bottom rebound are (38.2%, 50.0%, 61.8%), when the rebound occurs, we will look at the second (50.0%) golden section line in the middle to sell. , in addition, we also see that there are three golden lines of support for a set of declines that broke through the platform low (138.2%, 250.0%, 361.8%), so we will use the second one in the middle (50.0%). %) should be purchased based on the golden section. If the market outlook continues to fall below the previous falling support line, we will see another three falling support lines (261.8%, 250.0%, 238.2%). We will also use the second one in the middle (50. 0%) is the golden section for buying. The function of drawing the falling golden section is to find the resistance level for rebounding in the downward channel and the support level for buying at the bottom.