XAU/USD (gold CFDs) combine macro drivers with technical respect for major levels — making support/resistance strategies popular on Zynex among swing traders who hold positions from days to weeks.
Start on the weekly chart. Mark horizontal zones where price reversed at least twice. Transfer those zones to daily and 4H for execution precision.
Long at support
- Price approaches weekly/daily support zone
- 4H prints hammer, engulfing, or double bottom
- RSI exits oversold (optional confirmation)
- Entry on 1H break of confirmation candle high
- Stop below support zone (allow buffer for wicks)
- Target next resistance or 2.5R
Short at resistance
Mirror rules at resistance in downtrend or range-top. Gold shorting requires respect for safe-haven spikes — tighten stops around geopolitical headlines.
Level quality hierarchy
| Level type | Reliability |
|---|---|
| Weekly S/R | Highest |
| Daily swing points | High |
| 4H intraday zones | Medium — best for scalps |
| Round numbers ($2,400) | Psychological — combine with structure |
Macro overlay
Support holds more often when DXY weakens and real yields fall. Resistance holds when Fed rhetoric turns hawkish. Check our market analysis for weekly gold outlook before sizing up.
