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support and resistance levels help identify areas of strong supply and demand. So, identifying major supports and resistances is perceived by many to be the most important aspect of trading.
When these levels encompass a larger area on the charts technicians speak of a Support and Resistance Zone. Gold is holding steady near the $3,250 mark, fuelled by robust safe-haven demand ...
While such put support has really taken center ... When a lightly traded stock (or one for which supply exceeds demand) overcomes potential call resistance due to delta hedging, the move will ...
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