K-line chart, also known as Yin-Yang chart or candle chart, is generally divided into: daily K-line, weekly K-line, monthly K-line and minute K-line. Its formation depends on four data in each calculation unit, namely, opening price, highest price, lowest price and closing price. When the opening price is lower than the closing price, the K line is the positive line; When the opening price is higher than the closing price, the K line is the negative line; When the opening price is equal to the closing price, the K line is called a cross star. When the K line is the positive line, the thin line between the highest price and the closing price is called the upper shadow line, the thin line between the lowest price and the opening price is called the lower shadow line, and the column between the opening price and the closing price is called the entity.

How to treat the gold K-line chart?

The K-line chart of spot gold is a continuous daily K-line chart with trading time as the abscissa and price as the ordinate, which forms the K-line chart.

The columns in the K-line chart of spot gold can be divided into positive and negative lines. Generally, the red column represents the positive line and the black column represents the negative line.

If the closing price is higher than the opening price in the time period indicated by this column, that is, the stock price rises, the column is painted red, otherwise it is painted black. If the opening price is exactly equal to the closing price, a crosshair is formed.

The advantage of K-line chart is that it allows investors to observe the operation of gold price intuitively, efficiently and dynamically. As long as investors study, understand and trade for a period of time, they will gradually discover its charm and mystery.