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By understanding the gold charts, investors can know the trend of gold price movement in the past, including short terms and long terms.
Combine the past trends with your knowledge of finance and current market, you will be able to have some certain prediction about the movement in the future of gold price.
Collect as much information as possible, especially information that may affect gold market, such as: politics, crude oil, currencies, economy status,...
The more information you get, the more accurate your prediction could be. This is the game investors must play everyday. So, do the best and enjoy it!