Definition
A price level where a falling market has tended to stop falling or slow down.
The story
Think of a floor that's held before. In October 2026, as gold slid, Reuters wrote that the drop "is asking serious questions of technical support around the $4,000 level." Round numbers like $4,000 can get extra attention as support simply because so many people are watching them.
Why you'll see it
Reports name support levels when a market is falling toward one.
Connects to
ResistanceBreakoutTechnical analysisRetestPrevious day high/lowRound numbersSupply and demand zones
Last seen in
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