The ResopaFX Gold Pivot Points tool helps traders identify daily support and resistance levels for XAUUSD. Pivot Points (PP) are widely used for intraday trading, scalping, and breakout confirmation.
Realtime Gold Chart
Use the chart below to check price reactions around PP, S1, S2, S3, R1, R2, and R3 levels.
What Are Pivot Points?
Pivot Points are calculated levels based on the previous day's high, low, and close. They help traders predict potential reversal zones and breakout levels.
Pivot Calculation Formula
- PP (Pivot Point) = (High + Low + Close) / 3
- R1 = 2 × PP – Low
- S1 = 2 × PP – High
- R2 = PP + (High – Low)
- S2 = PP – (High – Low)
- R3 = High + 2 × (PP – Low)
- S3 = Low – 2 × (High – PP)
How to Use Pivot Points
- PP acts as the main intraday equilibrium level
- S1 / R1 are the most common bounce zones
- S2 / R2 often show stronger trend continuation
- S3 / R3 represent extreme volatility zones
Best Trading Tips
- Use Pivot Points together with trend direction
- Check for candle rejection at PP, S1, or R1
- Avoid counter-trend entries without confirmation
- Breakouts beyond R2/S2 often continue trending strongly
Risk Notice
Pivot Points are helpful tools, but they do not guarantee reversal or breakout. Always combine with price action and risk management.
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