Gold Spot / U.S. DollarEducation
Drawing Support, Resistance, and Trendlines
The third point is when the market comes back to the support, resistance, or trend. The third point tends to be one of the best areas to expect a reaction point in the Market. Meaning, if were going to buy at a support when the Market is low, we would wait for the market to come back to a support to expect a bigger reaction up in the market. After the third point, expect a big reaction.
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.