Support and resistance
Where price reacts
Price remembers. Support and resistance are the levels where it reacts.
Definitions
- Support: a floor where buyers step in
- Resistance: a ceiling where sellers step in
- Broken support often becomes resistance
Support is a floor where buyers step in. Resistance is a ceiling where sellers step in. Broken support often becomes resistance.
Today's real gold levels
Every market day GOFX AI publishes the key gold levels - pivot, R1, R2, S1 and S2 - on the live gold analysis page. Watch how price reacts when it reaches them.
Quick quiz: Price breaks support. Now it is...
- A: Resistance
- B: Gone
Answer under the YouTube lesson - we read every comment.
Learn it, then trade it with signals.
GOFX AI scans gold around the clock and sends setups with entry, stop loss and take profit to your phone - every win and loss published.
GOFX AI scans gold around the clock and sends setups with entry, stop loss and take profit to your phone - every win and loss published.
Trading involves risk. Lessons are for education, not financial advice.