Daily levels and round numbers
Some levels are watched by almost every gold trader, because everyone can see them.
| Level | What it is | Why it matters |
|---|---|---|
| PDH / PDL | Previous day's high and low | Stops and breakout orders sit beyond them |
| Today's open | First price of the trading day | Above it, the day is positive; below, negative |
| Weekly open | First price of the week | A reference for the week's direction |
| Asian high / low | Range of the quiet Asian session | London often breaks one side |
| Pivot points | P, R1, R2, S1, S2 from yesterday's high, low and close | Many day traders use them as targets |
| Round numbers | 4,000, 4,050, 4,100 … | Big orders and options cluster there |
🔒
Sign in to read the full lesson
GoldBot Academy is free. Create an account or sign in to read every lesson, take the quizzes, save your progress and earn certificates, on the website and in the app.
- 🔒 Pivot points (classic)
- 🔒 Round numbers
- 🔒 Key takeaways and quiz
GoldBot Academy is free education. Nothing here is financial advice; trading carries a high risk of loss.