What are the international spot gold indicators

Analysis of spot gold technical indicators

Moving Average MA – 5th (white) 10th (yellow) 20th (purple) In the broader market, we generally analyze the daily, one-hour and four-hour charts

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The formation of golden forks and dead insertions in the moving average

When the 5-day moving average crosses the 10-day moving average from bottom to top, the intersection is a golden cross, which is a bullish signal and a buy signal.

The 5-day moving average breaks through the 20-day moving average from bottom to top; the 10-day moving average breaks through the 20-day moving average from bottom to top. It is also called a golden cross, but the signal is not stronger than the previous one.

On the contrary: when the 5-day moving average crosses the 10-day moving average from top to bottom to form an intersection, it is a dead cross, which is a bearish signal, which is a signal of selling (making a slag order)—–

Three-Line Arrangement in the Moving Average

In the graph, the 5-day and 10-day moving averages simultaneously go down to the top and break through the 20-day moving average to form a three-line arrangement pattern at the bottom. At this time, it is a strong buy signal, and the three-line arrangement at the bottom is stronger than the golden cross signal.

In the K-line graph, the 5-day and 10-day moving averages go up and down at the same time and break through the 20-day moving average to form the top three-line arrangement pattern. At this time, it is a strong sell signal, and its signal accuracy is stronger than that of the dead cross.

Bollinger’s – BOLL

Bollinger Bands consist of support line (LOWER), resistance line (UPER) and midline (MID)

Basic application of Bollinger Bands

1. When the price crosses the resistance line upwards, it will form a retracement, which is the time to sell.
2. When the price crosses the support line downwards, it will form a rebound, which is the time to buy.
3. When the price rises along the resistance line, it is also an opportunity to sell if it does not break through but starts to turn back.
4. When the price declines along the support line, it is also a buying time to start turning back, although it has not broken through.
5. When the bandwidth of the Bollinger Bands is very narrow, it is a signal that the market is about to choose a breakthrough direction. Be cautious when using this method, because at this time the price often has a false breakout, and investors need to wait until the direction of the breakthrough is clear and the bandwidth of the Bollinger Bands is enlarged before intervening. (Many investors also look at the bandwidth narrowly and analyze the transaction volume. When the bandwidth is narrow, it means that the transaction volume has increased; when the bandwidth is narrow, it means that the transaction volume has decreased.)