First of all, you need to understand the main points of the gold trend chart. Among them, the support level and the resistance support level are two points that investors must understand. A support level means that when the price of gold falls, it may encounter support, preventing the price of gold from falling back to a stable level. A resistance level is the resistance that the price of gold may encounter when it rises, preventing the price of gold from reverting to a downward trend. The right way to invest is only half the battle, plus the right liquidation is the real success. This is a rule that no investment market makers can change, and the gold investment market is no exception.

When it is found that the price of gold cannot reach a new high, and there are signs of a fall, the position will be closed. This method of closing positions is an improved and upgraded version of the stop-loss closing method, which can maximize profits.

When the price of gold reaches or is about to reach the next branch position, the position will be closed without waiting for the result of the shock. This method is suitable for market shocks or market recovery. Encountered unilateral, supported resistances are mostly ineffective and will miss out on more profits.

When there is a certain profit, the cost of stop loss protection will increase, and then according to technical data, the stop loss will increase with the development of the market until the stop loss is eliminated. This practice applies to unilateral prices.

The target closes the position and treats every order as a possible winning bet. A stop loss order occurs at the same time. The stop loss target is at least three times the stop loss. At the same time, the opening position is adjusted according to the fixed loss. When holding a certain profit, the cost of stop loss protection increases.

Finally, when investing in gold, investors should know that the profits generated by premature liquidation will not be very considerable. Either the position is delayed, and the market eventually returns to the buying point, or even gets locked in. So mastering the timing of the closing price is a very important skill and one of the important skills in gold investing.