Latest Articles

Dollar gains, stocks teeter as US data suggests rates to stay higher

The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...
HomeGoldFrying Gold Take Profit Skills

Frying Gold Take Profit Skills

From the perspective of short -term gold speculation , the general gold investment varieties are spot gold or futures gold , both of which use margin leverage for two-way trading, which has the advantage of low-cost investment, so it is conducive to short-term operations. Due to the extra income brought by the leverage effect of precious metal trading, investors choose the two to conduct market transactions, and their risks and benefits are integrated, so it is very important to do a good job of speculating on gold to take profit. It can tell investors that this transaction is How big is the profit margin.

After the profit range is limited, in the face of precious metal risks that may cause market reversal, you can also leave the market at the first profit to prevent the floating profit of the position from turning into a loss. Here are some tips for taking profit during gold trading :

  1. Key moving average take profit

In all investment trading markets, the moving average is a very important indicator. When investors choose to use the key moving average to take profit, they need to find an average moving line that can correctly reflect the current trend change in advance, so as to prevent investors from constantly entering and leaving the market due to the frequent crossing of the moving average by the gold price , thus causing some unnecessary occurrences. loss.

  1. Take profit at the previous high or low

Generally speaking, there will be strong support or pressure at the previous high point or low point. When there is a signal of reversal or correction in the gold market , gold investors need to adjust the take profit line and position according to the market situation to prevent the false market from being washed out or the reversal market stuck.

  1. Callback Take Profit

In gold investment transactions, after investors do the right market, they are cleared out of the market due to nervousness and the trend of market phenomena such as callbacks and rebounds. Some investors are overwhelmed after the market reversal, resulting in lost profits.

  1. Take profit at key points

For example, two price fluctuations at the support level and the pressure level generally represent the end of one market and the beginning of another. Investors need to set the take profit in time after the gold price breaks through the key point, and then choose to take the profit and exit after the gold price steps back to the key point and effectively penetrates.