Support & Resistance
Support and resistance are two important concepts in technical analysis.
🟢 Support: A zone where buying interest may appear.
🔴 Resistance: A zone where selling pressure may appear.
A level breaking doesn't automatically mean a trade should be taken Wait for confirmation and manage your risk.
Do you use support & resistance in your trading? 👇
#TradingTips #SupportAndResistance #XAUUSDT #TechnicalAnalysis #Binance
Support and resistance are two important concepts in technical analysis.
🟢 Support: A zone where buying interest may appear.
🔴 Resistance: A zone where selling pressure may appear.
A level breaking doesn't automatically mean a trade should be taken Wait for confirmation and manage your risk.
Do you use support & resistance in your trading? 👇
#TradingTips #SupportAndResistance #XAUUSDT #TechnicalAnalysis #Binance