What are the support and resistance levels for gold?
Using classic floor-trader pivots from the recent range, gold has support at KD40.27 and KD38.77, and resistance at KD42.61 and KD43.45, around a pivot of KD41.11 per gram.
The detail
Pivot levels are arithmetic on the recent high, low and close — not predictions. They are useful mainly because many traders compute the same numbers, which can make them briefly self-fulfilling.
A level "holding" or "breaking" is only meaningful in hindsight. Treat these as reference points on a chart, not as thresholds that will be respected.
How this answer is produced
Related questions about gold
Also searched
gold support and resistance · gold pivot points · gold resistance level today