24-hour London gold chart analysis

Long trading service time is one of the main advantages of London Gold. In addition to the settlement time of the system, the London Gold platform can generally provide continuous 22-hour market conditions. Investors can freely choose to participate in Asian, European or North American disks.This global rotating transaction model is very suitable for office workers to use their spare time to manage their finances.

Of course, London Gold is differentThere are different trends on the disk, and investors need to respond with different trading skills.For example, the Asian market (8:00-14:30) is mostly a technical correction. Due to the small market size, the London gold transaction is relatively light, and the price performance lacks direction. It is often dominated by narrow fluctuations or technical corrections. Therefore, investorsA longer period of time should be used when making a disk.  
Generally speaking, the trend of London gold has been active since the European market.After the start of the European session at 14:30, along with the announcement of some important economic data in Europe, the price volatility of gold prices will increase significantly.European morning trading continues until 18:00, which is a good time to enter.While 18:00-20:30 is the lunch break in Europe and the early morning time in the United States, trading usually returns to a light state, but because the European Central Bank interest rate decision and the central bank governor's speech are held at 19:45 and 20:30 respectively, while the Bank of England atMonthly interest rate decisions are announced at 19:00 on Thursday at the beginning of the month, and these events can often cause volatility in the dollar and gold prices.
As for the golden hour of daily trading, it must be 20:30-00:30, because this is the overlapping period of the European afternoon session and the American morning session. Many important economic data in the United States are released at 20:30, and the European and American marketsInvestors of all sizes will react to the data, and the fierce competition between long and short will form a huge volume, driving the price of gold to form significant volatility in a short period of time.Therefore, investors should switch to shorter periods and relatively sensitive technical indicators when conducting technical analysis and trading.
    
All in all, the price trend of London gold has different characteristics in different time periods. Investors should make good use of the advantages of the product itself.Profit by shorting, and truly achieve a win-win situation for both ups and downs.