Chapter 267: One Hour
"5 hours and 5 hours, it's still a bit long, if it's going to take 5 hours, then even if we predict it now, but we have to wait for the evening to get results, this time is really too long, since it needs to be shortened, I think it's more appropriate to shorten it to less than an hour!"
"Ah, no, within an hour? Gold has no big movement at this time, and there may be no fluctuations at all within an hour, in case gold is basically sideways in this hour, then what's the point of us predicting this gold?"
Originally, Deputy Manager Zhang felt that it was more appropriate to give 5 hours, neither too long nor too short, and if the time was too long, it would be difficult to predict the accurate later trend in most cases.
After all, the daily data changes are different, and gold is more sensitive to international emergencies, and no one knows what new situation will suddenly break out on which day, resulting in the sharp rise and fall of gold.
Therefore, if the prediction period is extended, it is indeed very difficult, and maybe there will not even be an accurate prediction at that time.
Therefore, if it is changed by 5 hours, it will not be too difficult for everyone to predict gold, but it will not be too simple.
After all, 5 hours has already included the market of a more active period of time after the opening of the external market, and the market during this time is still relatively representative, and it basically lays the most active market for gold all day.
If the market forecast of this period of the most important and active period of time can be accurate, it means that this forecast is very representative, so as long as the gold trend of this period of time can be predicted, it is enough to show the level of technical analysis of this person.
However, to the surprise of Vice Manager Zhang, he proposed such an optimal trading time period to determine the time period of this prediction, but some people still felt that the time was too long.
This makes it a little difficult for Deputy Manager Zhang to decide, and this opinion is indeed true to the truth, 5 hours is indeed a bit too long, after all, it is now in front of everyone present, if you can give a predicted result, it is natural to be able to convince everyone, after all, with Deputy Manager Zhang present, as long as there is fair competition, who will end up with this fund manager, everyone will not have any disputes.
However, if the time period is extended by 5 hours, then it is absolutely impossible for everyone to stay in this sales department for 5 hours.
Once everyone is absent, it will be difficult to convince the public of the final result even if they win.
Just when Deputy Manager Zhang felt a little hesitant, Lin Yong sighed slightly and said, "I agree with the prediction within an hour as the final result!"
Lin Yong's sudden opening stunned everyone present, and everyone didn't expect that Lin Yong would support the results within an hour.
This is the market chart of gold displayed on the computer screen, and there is still no big movement, except for some fluctuations when the morning market is about to open, but there is no big fluctuation throughout the afternoon, almost all of them fluctuate within one or two knives.
If this is to make a trend judgment, it has no reference value at all, after all, in this kind of sideways small fluctuation state, it is difficult to judge the real market to start the market, and even the direction is difficult to judge.
After all, this kind of sideways situation, once a long time, then all the technical indicators will be distorted, so this sideways small fluctuation of the market is almost all the basic technical indicators that can be analyzed have been disrupted rhythm, if you rely entirely on technical indicators to judge and analyze the future market trend, it will be impossible to start.
Now everyone can see gold, and now if you want to judge the trend within an hour, then most people will feel that it will continue to be sideways.
After all, an hour, there is no big change at all, relative to 5 hours can include the opening time of the European market and the US market, the fluctuation of gold at these two times is still very large, and the trading is also very active, so if you can predict 5 hours, it is definitely more effective than predicting an hour.
"What? An hour? Lin Yong, you wouldn't say such a thing, didn't you see what kind of trend gold is now? With this kind of grinding and chirping market, do you want to waste your energy predicting what will happen in the next hour?"
"That's right, even the European market hasn't opened for an hour, do you think there can be any kind of fluctuations? Even the fluctuations at the opening of the morning pressure market are not very large, and soon there will be no trading volume, this whole day looks like grinding and chirping, no one knows when he will grind, and I don't know whether it will break through up or down, and even if there is really a direction to break out, it is impossible to know which direction it will choose when the European market and the US market are not open. β
"Hehe, an hour, you can tell it, if an hour is just set at the hour when the non-agricultural data comes out, it still feels a little more exciting, but today there will be no major data release, and the time is not in the time period when the European and American markets open, like this time when the trading is light and the market is very large, if you want to make a prediction about gold, it is simply an insult to our IQ!"
"One hour! I'm in favor of one hour, since everyone says that gold is a trading variety that they are very familiar with, then we have to have confidence in ourselves, since we can predict the trend of the long cycle, then predict such a short cycle, it should not be difficult for you, and I really don't have the patience to wait for 5 hours or a few days of the market, I just want to see some excitement, just one hour is the most suitable, now predict, and then an hour later to see the results, so that everyone can see the final result in the shortest timeγ β
Vice Manager Zhang saw that so many people had various opinions on this proposal, but Vice Manager Zhang himself knew that gold and other trading varieties have fallen sharply under this wave of financial crisis.
If the longer the forecast period, then it is easier to predict the correct result, after all, there is no continued rise in the fall, indicating that the first stage of the decline has come to an end, as for whether there is a second wave of decline, or has completely stopped the decline, this depends on the analysis of each trader on gold.