What are the types of gold K-line expressions?

Several general manifestations of K-line:

1. Big Yinxian: A Yinxian that opens sharply high and closes low. The entity is very long, and the upper and lower shadows are extremely short and can be ignored. It is a kind of signal of gold price decline. At the same time, the length of the Yinxian entity can be used to infer the decline of the day. rapidity;
2. The big Yangxian: A Yangxian that opens low and closes high. The body is so long that the upper and lower shadows can be ignored. This is a kind of signal for the price of gold to rise. At the same time, it can also be inferred from the length of the body of the Yangxian. the strength of the potential;
3. Hammer (spindle): The lower shadow of the hammer is very long, the upper shadow is short or nonexistent, and the real body is small and located at the upper end of the trading range. The hammer is an important reversal signal and generally only makes sense in a sharp decline or severe oversold conditions. Meanwhile, the hammer-induced rally is likely to be met with selling pressure. Trading according to the hammer depends on the trader’s mentality and risk appetite;
4. Hanging: The lower shadow is very long, the upper shadow is short or nonexistent, and the real body is small and located at the upper end of the trading range. The Hanging Pattern is the same as the Hammer but the latter is a high-grade sell signal. So a hang is a head reversal signal in an uptrend, and its actual meaning depends on the previous trend. A unified line will be differentiated as a bullish hammer or a bearish hang based on the previous trend;
5. Inverted hammer: The upper shadow line is very long, the entity is small and located at the lower end of the trading range. The graphics are basically the same as the shooting star. Generally, it appears after the market falls to a certain depth, indicating that the market bulls have begun to resist, and it is possible at any time. Bottom. However, this kind of K-line is generally not confirmed until the next K-line is closed. If the next K-line continues to drop, it is a signal for the bears to rest;
6. Evening Star: The Evening Star is a line with a long upper shadow, and the entity is small or almost absent and located at the lower end of the trading range. It is best to cooperate with gapping. This often occurs after the market has risen to a certain stage, indicating that the market has lost its continuous upward momentum and may peak at any time.

The drawing method of the gold K-line includes four basic data. In the process of speculating in gold , the shape of the K-line can determine the long and short situation during the trading time. When the opening price is equal to the lowest price and the closing price is equal to the highest price, the K line is called a big Yang line with bald heads and bare feet, indicating a strong upward trend; when the opening price is equal to the highest price and the closing price is equal to the lowest price, the K line is called a big Yin line , indicating a sharp drop in the price of gold.

When the opening price is equal to the closing price, and the upper shadow line is equal to the lower shadow line, the K line is called a big doji, which means that the long and short are fighting fiercely, and the forces are evenly matched . When the doji is relatively high on the line chart, the doji is called the evening star; when the doji appears at the relatively low level of the candlestick chart, the doji is called the morning star.

The K line is sometimes a positive line, sometimes a negative line, sometimes with an upper shadow, sometimes with a lower shadow, and sometimes a doji. Different forms of K-line represent different meanings, reflecting the result of the battle between the long and short sides. Whether the long side defeats the short side, or the short side defeats the long side, or the long and short sides are evenly matched, can be expressed in the K-line pattern.