What Are Support & Resistance?
Support and Resistance are price areas where the market has previously shown strong reactions — either rejecting, bouncing, or accelerating through a level.
- Support – price floor where buying pressure emerges
- Resistance – price ceiling where selling pressure appears
- Breakout – decisive close beyond a strong level
- Retest – price revisiting a broken level for confirmation
Where to Trade Gold (XAUUSD) Safely
This dashboard helps you analyze the market, but execution quality depends on the broker you use. Choose brokers with low spreads, fast execution, and proper regulation.
One broker widely used by professional traders for Gold trading is Exness.
👉 Open an Exness trading account
⚠️ Risk disclaimer: Trading involves risk. This content is for educational purposes only and does not constitute financial advice.
How This Tool Helps
- Highlights high-probability reaction zones
- Clarifies where false breakouts often occur
- Helps avoid entries in low-quality “middle zones”
- Improves intraday structure awareness
- Effective for scalping and short-term trading
Best Techniques for Using Support & Resistance
- Wait for candle confirmation near key levels
- Trade in the direction of the higher timeframe trend
- Combine with RSI or MACD for confluence
- Observe reactions on H1–H4 for stronger levels
Risk Notice
Support & Resistance levels are analytical references, not guarantees. High-impact news events can invalidate technical zones quickly. Always apply strict risk management and stop-loss discipline.
Explore more tools in the ResopaFX Dashboard.