What is the 60 day average of gold? The 60 day average is the average closing price of gold 60 days ahead of the market. Its significance is that it reflects the average price of gold 60 days ahead. The 60 day average is the average closing price in the last three months, which is of great significance to the later trend. Very for the trend of judgment, although the average has a lag, but the medium-term average on the market trend is very clear, but also easier to grasp.

. Breaking through and breaking the average is the arrival of a wave of market. At this time, investors need to make decisions, and the name of the decision line comes from it. It also applies to indexes.

. When the market is over, the gold price will generally rebound near the 60 day average. When the price falls below the 60 day average, it must flee. The market may be in a period of low volatility for a long time. It is worth noting that those trends below the 60 day average may also come out of the rising market, but they are often under strong pressure at the 60 day average and re enter the downward channel, which we call rebound market. Rallies tend to be short-lived. When using the 60 day moving average in practice, we should pay attention to the following points:

        1. The gold price should run below the 60 day moving average after a large drop or a long time, with the volume shrinking and the average turnover rate below 1%.

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        5. Most of the major increases are realized in the way of "Dayang". Most of the trading volume will increase dramatically, which will exceed the sky volume of the early intensive trading area. If the turnover rate reaches more than 10%, it is better. If you grasp it well, the profit rate obtained by intervention will be very large.

        The above is what is called the 60 day average. Open the K-line chart, and the technical index displayed is the average index. The average system theory is one of the most commonly used analysis indexes. The average reflects the change of the average cost of the market in the past period of time. Learning the average will be very helpful for your investment.