The terms of the disk for the instructions for frying gold :
- Opening price
The opening price matched before the opening reflects the attitude and determination of both long and short sides.
- Highest and lowest price
These two prices reflect the competition between the long and short sides. In the volatile and consolidating market, these two prices have considerable reference significance.
- Closing price
The closing price reflects the result of the battle between the long and short sides of the day to a certain extent. Generally speaking, in the consolidation market, when the main force is not willing to reveal his intentions too much, the closing price is relatively close to the settlement price of the day.
- Volume
Volume refers to the number of transactions for a certain transaction in a unit of time. Under normal circumstances, the volume is large and the price is rising, and the trend is positive. When the trading volume continues to be sluggish, it generally occurs in the bear market or the gold price consolidation stage, and the market trading is not active. Trading volume is an important basis for judging the trend of gold and provides an important basis for analyzing the main behavior.
- Positions
The change of positions plays an important role in the price operation. The increase of the position shows that the funds are flowing into the market. The long and short sides are more divided on the price trend, and the reduction of the positions shows that the funds are running out, and the trading interest of the long and short sides is declining. Theoretically, the open interest in the gold market is infinite, especially in the case of “crowding”, the open interest often hits the sky.
The disk surface refers to various real-time transaction information in the gold market, such as opening price, average price, selling price, buying price, trading volume, etc. The disk contains a lot of market information, and gold investors should have a certain ability to interpret the disk.