Gold Resistance and Support Level Determination Criteria



1. My Resistance Level Criteria:

1. Recent high and low points of spot gold, previous trading volume clusters;
2. Moving average (MA) and Bollinger Bands (BOLL) channel resistance;
3. Confluence points of indicators such as MACD, KDJ, RSI;
4. Visible order flow and capital battles indicating resistance zones;
5. Short-term trend lines and neckline positions of chart patterns.

2. My Support Level Criteria:

1. Recent pullback lows and previous support zones;
2. Key moving averages and lower Bollinger Band support;
3. Oversold indicator zones and bullish support levels;
4. Concentrated buy orders at specific price levels;
5. Trend lines, lower boundaries of trading ranges, and other technical structures.

3. Unified Principles:

1. All resistance and support levels are based on real-time market movements;
2. Avoid rigid formulas, follow current market sentiment;
3. Focus on key, practical levels—only highlight critical effective points;
4. Use in conjunction with pivot points for clearer insight into bullish and bearish strength.
XAUT-0,06%
XTIUSD13,01%
XBRUSD8,09%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin