What are the forms of gold K-line?

Analysis of K-line Technology/

Gold K-line includes four basic data. In the process of gold speculation, we can judge the long and short trading time from the type of K-line. 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 the bareheaded and barefooted big positive line, indicating a strong rise; 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 the big negative line, indicating a sharp fall in the gold price.

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 the big cross star, which means that there is fierce battle between long and short, and the gold market in the future will often change. When the cross star appears at the relatively high level of the K-line chart, the cross star is called the Twilight star; when the cross star appears at the relatively low level of the K-line chart, the cross star is called the morning star.

Sometimes it's the shadow line, sometimes it's the shadow line, sometimes it's the shadow line, sometimes it's the shadow line. Different forms of the K-line represent different meanings, reflecting the results of the fight between the air and long sides. Whether the air side defeats the air side, or the air side defeats the air side, or whether the air and long sides are equal can be expressed in the K-line form.

There are several common forms of K-line

1. The big negative line is a kind of signal of gold price decline. At the same time, the rapid degree of the day's decline can be inferred according to the length of the negative line entity.

2. The big positive line is so long that the shadow lines can be ignored. This is a kind of gold price rising signal. At the same time, the strength of the rising trend can be inferred from the length of the positive line.

3. Hammer (spindle line) the shadow line of hammer is very long, the shadow line is very short or does not exist, and the entity is very small and located at the upper end of the trading range. The hammer is an important reversal signal, which is generally meaningful in the case of a large decline or serious oversold. At the same time, the rebound triggered by the hammer is likely to meet the selling pressure. Trading according to the hammer depends on the trader's mentality and risk preference.

4. The hanging shadow line is very long, the shadow line is very short or does not exist, and the entity is very 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-end selling signal. So hanging is a head reversal signal in the upward trend, and its actual significance depends on the previous trend. According to the previous trend, the uniform root line will be distinguished as long headed hammer or short headed hanging.

5. The shadow line on the upside down hammer is very long, the entity is very small, and it is located at the lower end of the trading range. The figure is basically the same as shooting star. Generally, it appears after the market drops to a certain depth, indicating that the market bulls have begun to resist and may bottom out at any time. But this kind of K-line is usually confirmed after the next K-line takes up. If the next K-line continues to go down, then it is a signal of short break.

6. Dusk star dusk star is a linear line with a long shadow line. The entity is very small or almost no, but it is located at the lower end of the trading range. It is better to cooperate with the short jump. This often occurs after the market has risen to a certain stage, which means that the market has lost its continuous upward momentum and may peak at any time.

[disclaimer] the publication of this article by finance managers for the purpose of transmitting more information does not mean that they agree with their views or confirm their descriptions. The content of this article is for reference only, and does not constitute an investment proposal. Investors operate on this basis at their own risk

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