First, the upward consolidation. Refers to the sideways consolidation of gold prices after a period of rapid rise, breaking through the upward trend after consolidation. Its corresponding volume is in the form of price increase, and in the consolidation stage, the volume has not shrunk.
Second, the decline is consolidating. After a period of decline, the price of gold stabilized and rebounded and turned around again. The corresponding previous decline was hit by bad news, and the gold price rebounded and then fell again, and its trading volume was in the form of price decline and increase.
Third, high consolidation. The price of gold has stagnated at a high level, indicating that there is insufficient energy in many ways and limited room for growth. The dealer is gradually carrying out the shipment operation. Investors should pay attention to the withdrawal of the main force and sell it in time to make a profit.
Fourth, low consolidation. After a period of decline, the price of gold was sideways in the bottom area. Combined with the stimulation of bullish news, as long as the gold price no longer hits a new low, investors will gradually enter the market to buy, and the main force can continue to absorb chips at a low level. When the gold price breaks through the low consolidation area, it will raise the gold price and sell it at a high level for profit.