What is Resistance?
ChartsA price level where rising prices have stalled before, because sellers showed up.
Think of it like: A ceiling that price has bumped its head on.
Real example: Gold peaked near $2,075 in August 2020, stalled near that level again in 2023, and only broke through in March 2024.
Lesson: Floors and ceilings Practise it now: Chart School Practise it now: Level Lines