Gold

Basic Trading: Marking Support and Resistance

103
In this lesson, I walk through the basics of how I mark support and resistance levels on my charts. These key zones highlight areas where price has reacted multiple times, creating strong consolidation. Within these zones, there’s often opportunity to capture moves as the market ranges and builds momentum. By identifying these levels, traders can better anticipate entries, manage risk, and find room to profit inside the zone before price makes its next breakout or reversal.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.