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Clear Entry, Clear Targets! Strategy Kicks Off with EUR/JPYHey everyone 👋 📌 SELL LIMIT ORDER / EUR/JPY Key Levels 🟢 Entry: 172,779 🎯 Target 1: 172.598 🎯 Target 2: 172.389 🎯 Target 3: 171,775 🔴 Stop: 173.097 📈 Risk/Reward Ratio: 3.17 I double-checked the levels and put together a clean, focused analysis just for you. Every single like seriously boosts my motivation to keep sharing 📈 Your support means the world to me! Huge thanks to everyone who likes and backs this work 💙 Our goals are crystal clear, our strategy is solid. Let’s keep moving forward with confidence and smart execution!
Short
by TraderTilki
Silver H4 | Falling toward a pullback supportSilver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 37.27 which is a pullback support that aligns with the 50% Fibonacci retracement. Stop loss is at 36.60 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement. Take profit is at 38.31 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:XAGUSDLong
by Tradu
Treat it as a long-short wash-out shock, and go long on pullback📰 News information： 1. Initial jobless claims data 2. June retail data 3. Beware of Trump's remarks about firing Powell 📈 Technical Analysis： Last night, the daily line closed at around 3347. The current short-term daily line range is 3355-3300. The short-term support below is still 3320. Once it falls below 3320, it will look to 3310-3300. Short-term trading is still volatile. If the intraday retracement reaches 3320-3310, consider going long, and the defense is 3300, with the target at 3340-3350. Under the current rhythm of long and short wash, don't chase the rise and sell the fall, look at it rationally, and brothers who trade independently must bring SL. 🎯 Trading Points： BUY 3320-3310 TP 3340-3350 In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you. FXOPEN:XAUUSD OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by Allenbrowser-3
Gold ⸻ 1. Trade Setup Summary ✅ Trade Type: Long (Buy) ✅ Entry: 3,322.250 ✅ Stop Loss (SL): 3,311.500 ✅ Take Profits (TP): • TP1: 3,341.000 • TP2: 3,358.000 • TP3: 3,378.000 ⸻ 2. Chart Context Analysis 🔷 Structure: • The market had a strong bullish push before a correction phase. • Current candle is aggressively bullish from the zone near your entry, suggesting buyers are reclaiming control. 🔷 Fair Value Gaps (FVG): • There is an FVG area marked just above TP2 (around 3,358.000) indicating a price imbalance likely to be filled. • Previous unfilled FVGs below acted as strong demand zones, supporting bullish continuation. 🔷 Trendline Observation: • A dotted descending trendline was broken and price consolidated above it, suggesting a shift in market structure from bearish to bullish on lower timeframes. ⸻ 3. Risk Management • SL Placement: Below recent structural lows at 3,311.500, providing safety against liquidity sweeps while avoiding premature stop-outs. • RR Ratio: Approximately 1:2 to 1:5 if all TPs are hit, making the setup favorable. ⸻ 4. Overall Probability and Caution ✔️ Strengths: • Confluence with FVG targeting. • Strong bullish engulfing candle. • Multi-TP strategy for secured partial profits. ⚠️ Risks: • Potential rejection near TP2 due to previous supply reaction. • High volatility can cause stop-out if market seeks liquidity deeper before continuation. ⸻ 5. Conclusion This setup aligns with smart money concept-based trades focusing on: • Market structure shift • FVG imbalance fills • Clear SL protection with sequential TP levels If you want, I can: • Break this down into a daily plan for tomorrow’s session. • Integrate it with your NAS100, US30, and Forex analysis for the week. • Prepare similar structured breakdowns for your upcoming charts in your strategy refinement routine tonight.
OANDA:XAUUSDLong
by Tdawly_Official
1
The firing of Powell set off the market, don't chase the longsTrump showed a draft of the letter to fire Powell, but whether Powell will be fired in the end remains to be seen, but the impact on the gold market is undoubtedly huge. The wolves have now smelled a very dangerous scent. Don’t chase high prices. Don’t chase high prices! ! ! After all, the impact of the news comes and goes quickly, and there is a high possibility of a reversal later in the evening. The final suppression position of the current gold daily line is 3340. If the closing line today can maintain above 3340, then gold will usher in a real bullish trend in the future. OANDA:XAUUSD
OANDA:XAUUSDLong
by HuntingWolves
Gold's Downtrend: Is a Breakout Imminent?Hello traders, what do you think about the gold trend? Let's set aside the news factors for now and focus on short-term technical analysis with a bearish outlook. In the current technical picture, gold continues to trade below the trendline, lacking upward momentum, forming a descending wedge pattern. The behavior around the convergence of EMA 34 and 89 also indicates that sellers still control the market. A sell strategy is favored, with attention to the support zone around 3,315 – 3,320 USD. If this level breaks, stronger sell-offs are likely to follow. What do you think about gold’s price today? Leave your thoughts in the comments below! Good luck!
OANDA:XAUUSDShort
by Kevinn_Nguyen
Gold Sees Mild Increase as USD WeakensGold ended Friday's session with a slight increase, regaining the 3350 USD level and recovering over 100 pips by the end of the day. The weakening of the US Dollar (USD) allowed XAU/USD to rise modestly. Concerns about US President Donald Trump's erratic trade policies and their potential impact on the global economy further supported the precious metal. In the short term, the technical chart shows gold breaking out of the downward channel and starting an upward wave. The price is currently adjusting at 3350 USD, which coincides with the 0.618 Fibonacci retracement level and the EMA zone, suggesting the potential for further price increases from this level, with targets towards key resistance levels. Key resistance levels: 3160, 3172, and 3378 USD. Support zones: 3350, 3340, 3331 USD.
OANDA:XAUUSDLong
by Kevinn_Nguyen
Micro WTI Swing Breakout Setup – Robbing Liquidity the Smart Way🛢️ "Crude Ops: The WTI Energy Vault Breakout Plan" 🛢️ (A Thief Trader Swing Setup | MA Breakout Trap Heist 💰💥) 🌍 Hola! Bonjour! Marhaba! Hallo! Hello Robbers & Market Movers! 🌟 Welcome to another high-voltage heist mission straight from the Thief Trading Den. This ain’t just a chart—this is an Energy Market Extraction Plan based on real smart money footprints 🔎. 🔥 Master Robbery Setup: MICRO WTI CRUDE OIL FUTURES 🎯 We got a bullish breakout alert from the shadows! This is not a drill. 💣 ENTRY STRATEGY 💼 "The Heist Begins Above 68.50" Watch the Moving Average (MA) zone closely—this is where weak hands get trapped and we slide in with stealth limit or breakout orders: 🛠️ Plan of Entry: Buy Stop Order: Just above 68.500 (after confirmation of breakout ✅). Buy Limit Layering (DCA): On pullbacks around 15m/30m swing lows for precision entries. 🧠 Pro Tip: Use alerts to catch the exact entry ignition spark—don't chase, trap with patience like a true thief. 🛑 STOP LOSS (SL) ⚠️ "No SL? That’s a rookie mistake." SL should only be placed post-breakout using the 8H wick-based swing low (around 66.50). 💡 SL is your personal vault door—set it according to: Lot size Risk appetite Layered entry strategy 📌 Reminder: No SL or order placement before breakout. Let the market show its hand first. 🎯 TARGET ZONE (Take Profit) Primary Target: 76.00 🏁 But hey... the smartest robbers escape before alarms ring — so trail that stop, secure your profits, and vanish like smoke 🥷. 💥 FUNDAMENTAL & SENTIMENT CATALYSTS 🔥 Current bullish energy comes from: 📉 USD weakness 🏭 Crude inventory drawdowns ⚖️ Geopolitical supply shocks 🐂 Hedge funds scaling long per latest COT data 📊 Intermarket cues from risk-on assets 🧠 Do your diligence: Go check fundamentals, COTs, and macro narratives before entering. Info = Edge. 📢 RISK MANAGEMENT NOTE 🚨 Don't go wild. Market is volatile, especially around: News drops 📉 Fed or OPEC speeches 🎙️ Crude inventory reports 🛢️ Pause entries during news events. Use trailing SLs to lock the vault behind you. ❤️ SUPPORT THE ROBBERY MISSION 💣 Smash that BOOST button if this plan hits your nerve. Let’s keep robbing liquidity zones together and growing the Thief Trader Brotherhood 🕵️‍♂️💰. 📡 Stay tuned for the next stealth heist drop. We rob the market with class. 💎🚀
NYMEX:MCL1!Long
by The-Thief
Bear-Trap armed: Gold ticks 4 / 5 boxes - waiting for the spark1️⃣ Why the 2020 déjà-vu is EVEN louder 2025 (now) 2020 (pre-rally) TradingView ideas still bearish 💬 > 70 % 60 % bearish Managed-money net-longs ≈ 115 k -35 % from Apr. –25 % from peak + $741 m PM-ETF inflow Record IN-flows G/S ratio 87 (< 90) Fell to 95 S&P keeps making highs Ditto 2️⃣ What’s still different Real 10-y TIPS yield +0.7 % vs -1 % in 2020 → smaller monetary tail-wind. Gold is already at an infl-adj. record – expect a short & sharp squeeze, not a fresh multi-year super-cycle (yet). 3️⃣ Checklist – updated Signal Status 18 Jul Comment ——————————————————— Gold DAILY close ≥ $3 200–3 250 YES – $3 354 ✔ G/S ratio < 90 YES – 87 ✔ CFTC net-longs < 150 k YES – ~115 k ✔ ETF flows turn positive. YES – $741 m ✔ Equity stress (VIX > 25 or SPX −5 %) NOT YET – VIX 16.5 ✖ 4 / 5 boxes = 99 % primed. One spark missing. 4️⃣ What could light the fuse Date Potential trigger Why it matters 22 Jul Mega-tech Q2 earnings (NVDA/AMD) Any guidance miss → SPX wobble 30 Jul FOMC Fed holds but sounds dovish USD dump + yield spike risk 1 Aug Trump s “reciprocal” duties Imported-inflation scare → VIX pop Early Aug. DXY crashes < 96 in < 5 days. Disorderly USD slide = funding stress Hit ≥ 2 of: DXY < 96, VIX > 25, SPX -5 % or HY-spread +75 bp → final ✔. Bottom line The bear-trap thesis aged well: sentiment, positioning, ETFs, and G/S ratio have already clicked bullish. Only equity-market stress is missing. A fast USD slide or a tariff shock right after a neutral Fed is the most likely detonator. Stay nimble: Collect premium inside $3 250-3 400 while volatility sleeps – but keep alarms on VIX 25 and DXY 96. One red headline could still launch the squeeze. Disclaimer: Educational opinion, not investment advice. Futures & CFD trading is risky – do your own research and consult a professional. 1 minute ago
TVC:GOLDLong
by AustrianTradingMachine
1
Bear-Trap armed: Gold ticks 4 / 5 boxes - waiting for the spark 1️⃣ Why the 2020 déjà-vu is EVEN louder 2025 (now) 2020 (pre-rally) TradingView ideas still bearish 💬 > 70 % 60 % bearish Managed-money net-longs ≈ 115 k (-35 % from Apr) –25 % from peak + $741 m PM-ETF inflow, first after months Record IN-flows G/S ratio 87 (< 90) Fell to 95 S&P keeps making highs. Ditto 2️⃣ What’s still different Real 10-y TIPS yield +0.7 % vs -1 % in 2020 → smaller monetary tail-wind. Gold is already at an infl-adj. record – expect a short & sharp squeeze, not a fresh multi-year super-cycle (yet). 3️⃣ Checklist – updated Signal Status 18 Jul Comment ——————————————————— Gold DAILY close ≥ $3 200–3 250 YES – $3 354 ✔ G/S ratio < 90 YES – 87 ✔ CFTC net-longs < 150 k YES – ~115 k ✔ ETF flows turn positive. YES – $741 m ✔ Equity stress (VIX > 25 or SPX −5 %) NOT YET – VIX 16.5 ✖ 4 / 5 boxes = 99 % primed. One spark missing. 4️⃣ What could light the fuse Date Potential trigger Why it matters 22 Jul Mega-tech Q2 earnings (NVDA/AMD) Any guidance miss → SPX wobble 30 Jul FOMC Fed holds but sounds dovish USD dump + yield spike risk 1 Aug Trump s “reciprocal” duties Imported-inflation scare → VIX pop Early Aug. DXY crashes < 96 in < 5 days. Disorderly USD slide = funding stress Hit ≥ 2 of: DXY < 96, VIX > 25, SPX -5 % or HY-spread +75 bp → final ✔. Bottom line The bear-trap thesis aged well: sentiment, positioning, ETFs, and G/S ratio have already clicked bullish. Only equity-market stress is missing. A fast USD slide or a tariff shock right after a neutral Fed is the most likely detonator. Stay nimble: Collect premium inside $3 250-3 400 while volatility sleeps – but keep alarms on VIX 25 and DXY 96. One red headline could still launch the squeeze. Disclaimer: Educational opinion, not investment advice. Futures & CFD trading is risky – do your own research and consult a professional.
TVC:GOLDLong
by AustrianTradingMachine
GOLD! Pre-Market Analysis For Friday July 18th!In this video, we'll present pre-market analysis and best setups for Friday July 18th. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX:GC1!Long
by RT_Money
TradeIdea – Gold (XAUUSD)Looks like a bullish breakout is brewing! ✅ Price has broken out of the descending channel ✅ Retested the global trendline support ✅ Reclaimed the 200-day moving average (MA200) ✅ Momentum indicator surged above the 100 mark ✅ Visible imbalance zone above — potential target area 📌 If price consolidates above $3350, consider a long setup: 🎯 Target 1: $3370 🎯 Target 2: $3375 🧠 Watch for confirmation before entry — structure and momentum alignment is key.
TVC:GOLDLong
by filatovarthur
FX Setup of the Day: EURAUD SELL ZONEHey traders 👋 📌 SELL / EURAUD – Technical Breakdown 🟢 Entry: 1.78579 🎯 Target 1: 1.78304 🎯 Target 2: 1.78026 🎯 Target 3: 1.77636 🔴 Stop Loss: 1.79039 📈 Risk/Reward Ratio: 2.00 I’ve carefully validated these levels and crafted a clean, focused analysis for you. Every like seriously fuels my drive to produce more top-tier content 📈 Your support genuinely means a lot to me. Thanks from the heart to everyone showing love 💙 🎯 Clear targets, solid strategy. 🤝 Let’s move forward with logic and discipline.
Short
by TraderTilki
Silver Rebounds Toward $38 as Dollar EasesSilver rebounded toward $38 per ounce on Friday, recovering from a two-day decline as the U.S. dollar and Treasury yields eased. The move reflected shifting sentiment on Fed policy and trade conditions after earlier losses sparked by inflation data that reduced hopes for near-term rate cuts. U.S. stock futures edged higher following record closes for the S&P 500 and Nasdaq, driven by strong retail sales, lower jobless claims, and optimism in AI-related tech stocks after Taiwan Semiconductor’s positive forecast. On monetary policy, Fed officials remain divided: Mary Daly expects two rate cuts this year, while Adriana Kugler urges caution due to tariff-driven inflation. President Trump reinforced trade tensions by sending letters to over 20 partners setting new tariffs between 20% and 40%. In corporate updates, United Airlines expects stronger earnings in the second half of 2025, and Chevron signaled higher future cash flow as production in its top U.S. oil field nears a plateau. Resistance is at 38.50, while support holds at 37.20.
TVC:SILVER
by ChartMage
XAUUSD ANALYSIS – JULY 18XAUUSD ANALYSIS – JULY 18: STRATEGY BASED ON FIBONACCI, TRENDLINE & STRUCTURE 1. XAUUSD Technical Overview (4H Chart) Gold (XAUUSD) is currently trading around 3,343 USD, showing signs of a slight rebound from key support. On the 4H timeframe, the price structure is forming higher lows, maintaining above a short-term rising trendline – a technically bullish signal. 2. Key Support & Resistance Zones Immediate Supports: 3,338 USD: aligning with the 0.618 Fibonacci retracement – a zone tested multiple times. 3,333 – 3,335 USD: strong support, overlapping with EMA and rising trendline. 3,327 USD: previous swing low – last defense for the bullish structure. Immediate Resistances: 3,345 – 3,346 USD: frequently rejected zone in recent sessions. 3,350 USD: psychological and technical resistance. 3,358 USD: recent swing high – breakout confirmation level. 3. Price Action & Fibonacci Confluence Price is currently hovering between Fibo 0.5 (3,343 USD) and Fibo 0.618 (3,338 USD) – a potential bounce zone if bullish momentum holds. The pullback from 3,358 to 3,286 has respected standard Fibonacci retracement levels, confirming technical price behavior. 4. Trendline Analysis The ascending trendline from the 3,275 USD low remains intact, providing solid dynamic support. If the price continues to bounce from this trendline, it may form a bullish continuation pattern (flag/pennant). 5. Suggested Trading Strategies Long Entry: 3,338 – 3,340 USD SL: 3,327 USD TP: 3,345 – 3,350 – 3,358 USD Note: Buying the dip near Fib & trendline Short Entry: Below 3,327 USD (breakdown) SL: Above 3,340 USD TP: 3,310 – 3,298 USD Notes: Only if price breaks trendline & support 6. Supporting Technical Indicators EMA20/EMA50 show slight upward momentum – early bullish bias. RSI (14) hovers near 50 – neutral zone, awaiting breakout confirmation. Conclusion: Gold is consolidating around a critical support zone. The short-term bias leans bullish if the 3,338 – 3,333 USD region holds and price breaks above 3,346 – 3,350 USD. This is a key moment to position early using Fibonacci and trendline confluence. 👉 Follow for more strategies in upcoming sessions. Save this if you find it useful! Do you have a different view? Share your thoughts in the comments below!
FX:XAUUSD
by Henrybillion
1
Gold (XAU/USD) Premium Technical Outlook - 18 July 2024As gold continues to trade near record highs, the market’s current price action around $3,336–3,340 demands a sharp, disciplined technical view. This premium analysis combines price action, Fibonacci techniques, institutional concepts (ICT and Smart Money Concepts), and advanced supply–demand dynamics to identify actionable trade opportunities. We anchor on the 4-hour timeframe for directional bias and zoom into the 1-hour chart for precision intraday setups. 📊 4‑Hour Timeframe: Structure and Directional Bias Gold remains in a clear bullish structure on the 4-hour chart, as evidenced by sustained higher highs and higher lows. The most recent bullish Break of Structure (BOS) occurred above the $3,320–3,325 level, confirming buyers’ control for now. Currently, price hovers near equilibrium at the 61.8% Fibonacci retracement, testing prior resistance as potential support. This zone aligns with a small fair value gap (FVG), reinforcing it as an area of interest for smart money participants. Key 4H Levels to Watch Level Significance $3,360–3,365 Major supply zone & bearish OB $3,350–3,355 Minor resistance $3,337–3,340 61.8% Fib / equilibrium $3,330–3,333 BOS retest & key support $3,300–3,310 Strong demand zone & bullish OB $3,285–3,295 Secondary demand zone below BOS The directional bias on 4H remains neutral-to-bullish, contingent on price holding above $3,300. A clean break and close above $3,360 could open a path to $3,400–3,420, while a sustained drop below $3,300 would mark a change of character (CHOCH) and shift bias to bearish. 🪙 Institutional Concepts in Play Order Blocks (OB): Strong bullish OB sits at $3,300–3,310, while a bearish OB dominates at $3,355–3,365. Fair Value Gaps (FVG): On the bullish side, $3,300–3,315 remains unfilled; on the bearish side, $3,330–3,345 caps rallies. Liquidity Grabs: Dips toward $3,295–3,300 appear to sweep sell-side liquidity, while spikes above $3,360 tap into resting buy stops. The area around $3,330 remains a key battleground where smart money likely accumulates positions before the next impulsive move. ⏳ 1‑Hour Timeframe: Intraday Trade Setups On the 1-hour chart, the market is compressing between a bullish order block and bearish supply. Price action shows evidence of short-term liquidity sweeps and reactions to imbalances, offering two clear scenarios for intraday traders. 📈 Setup A – Bullish Zone Bounce Entry: Buy limit at $3,332–3,333 Stop-loss: Below $3,328 Take-Profit 1: $3,345 Take-Profit 2: $3,355 Rationale: Confluence of 4H demand, Fib retracement, BOS retest, and 1H bullish order block. 📉 Setup B – Supply Rejection Short Entry: Sell limit at $3,355–3,360 Stop-loss: Above $3,365 Take-Profit 1: $3,337 Take-Profit 2: $3,330 Rationale: Price into 4H bearish OB, aligning with supply and stop runs above recent highs. 🌟 The Golden Setup Among these, the Bullish Zone Bounce at $3,332–3,333 stands out as the highest-probability trade. This level represents maximum confluence: Retest of 4H BOS. Bullish OB on 1H. 61.8% Fibonacci support. Unmitigated fair value gap. This setup offers a favorable risk–reward profile with clear invalidation and multiple upside targets. 🔎 Summary Table Bias Key Support Zones Key Resistance Zones Neutral-to-bullish $3,300–3,310, $3,330–3,333 $3,350–3,355, $3,360–3,365 Intraday Setups Entry Zone Stop-Loss Take-Profit Targets Bullish Zone Bounce 🌟 $3,332–3,333 < $3,328 $3,345 / $3,355 Supply Rejection Short $3,355–3,360 > $3,365 $3,337 / $3,330 📣 Final Word Gold maintains a structurally bullish outlook above $3,300, with strong institutional footprints evident in the $3,300–3,333 demand zones. Traders should remain vigilant around $3,360, where sell-side liquidity and supply are concentrated. The Golden Setup — a bullish bounce from $3,332 — offers the best confluence and statistical edge intraday.
OANDA:XAUUSD
by Tami512
Fibonacci Retracement: The Hidden Key to Better EntriesIf you’ve ever wondered how professional traders predict where price might pull back before continuing... the secret lies in Fibonacci Retracement. In this post, you’ll learn: What Fibonacci retracement is Why it works How to use it on your charts (step-by-step) Pro tips to increase accuracy in the market 🧠 What Is Fibonacci Retracement?: Fibonacci Retracement is a technical analysis tool that helps traders identify potential support or resistance zones where price is likely to pause or reverse during a pullback. It’s based on a mathematical sequence called the Fibonacci Sequence, found everywhere in nature — from galaxies to sunflowers — and yes, even in the markets. The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones, starting with 0 and 1. The sequence typically begins with 0, 1, 1, 2, 3, 5, 8, 13, and so on. This pattern can be expressed as a formula: F(n) = F(n-1) + F(n-2), where F(n) is the nth Fibonacci number. The key Fibonacci levels traders use are: 23.6% 38.2% 50% 61.8% 78.6% These levels represent percentages of a previous price move, and they give us reference points for where price might pull back before resuming its trend and where we can anticipate price to move before showing support or resistance to the trend you are following. 💡Breakdown of Each Fib Level: 💎 0.236 (23.6%) – Shallow Pullback What it indicates: Weak retracement, often signals strong trend momentum. Buyers/sellers are aggressively holding the trend. Best action: Aggressive entry zone for continuation traders. Look for momentum signals (break of minor structure, bullish/bearish candles). Stay out of the market until you see more confirmation. 💎 0.382 (38.2%) – First Strong Area of Interest What it indicates: Healthy pullback in a trending market. Seen as a key area for trend followers to step in. Best action: Look for entry confirmation: bullish/bearish engulfing, pin bars, Elliott Waves, or break/retest setups. Ideal for setting up trend continuation trades. Stop Loss 0.618 Level 💎 0.500 (50.0%) – Neutral Ground What it indicates: Often marks the midpoint of a significant price move. Market is undecided, can go either way. Best action: Wait for additional confirmation before entering. Combine with support/resistance or a confluence zone. Useful for re-entry on strong trends with good risk/reward. Stop Loss 1.1 Fib Levels 💎 0.618 (61.8%) – The “Golden Ratio” What it indicates: Deep pullback, often seen as the last line of defense before trend reversal. High-probability area for big players to enter or add to positions. Best action: Look for strong reversal patterns (double bottoms/tops, engulfing candles). Excellent area for entering swing trades with tight risk and high reward. Use confluence (structure zones, moving averages, psychological levels, Elliott Waves). Wait for close above or below depending on the momentum of the market. Stop Loss 1.1 Fib Level 💎 0.786 (78.6%) – Deep Correction Zone What it indicates: Very deep retracement. Often a final “trap” zone before price reverses. Risk of trend failure is higher. Best action: Only trade if there's strong reversal evidence. Use smaller position size or avoid unless other confluences are aligned. Can act as an entry for counter-trend trades in weaker markets. Stop Loss around 1.1 and 1.2 Fib Levels ⏱️Best Timeframe to Use Fibs for Day Traders and Swing Traders: Day trading: Day traders, focused on capturing short-term price movements and making quick decisions within a single day, typically utilize shorter timeframes for Fibonacci retracement analysis, such as 15-minute through hourly charts. They may also use tighter Fibonacci levels (like 23.6%, 38.2%, and 50%) to identify more frequent signals and exploit short-term fluctuations. Combining Fibonacci levels with other indicators such as moving averages, RSI, or MACD, and focusing on shorter timeframes (e.g., 5-minute or 15-minute charts) can enhance signal confirmation for day traders. However, relying on very short timeframes for Fibonacci can lead to less reliable retracement levels due to increased volatility and potential for false signals. Swing trading: Swing traders aim to capture intermediate trends, which necessitates giving trades more room to fluctuate over several days or weeks. They typically prefer utilizing broader Fibonacci levels (like 38.2%, 50%, and 61.8%) to identify significant retracement points for entering and exiting trades. Swing traders often focus on 4-hour and daily charts for their analysis, and may even consult weekly charts for a broader market perspective. 🎯 Why Does Fibonacci Work?: Fibonacci levels work because of: Mass psychology – many traders use them Natural rhythm – markets move in waves, not straight lines Institutional footprint – smart money often scales in around key retracement zones It's not magic — it's structure, and it's surprisingly reliable when used correctly. 🛠 How to Draw Fibonacci Retracement (Step-by-Step): Let’s say you want to trade XAU/USD (Gold), and price just had a strong bullish run. ✏️ Follow These Steps: Identify the swing low (start of move) Identify the swing high (end of move) Use your Fibonacci tool to draw from low to high (for a bullish move) The tool will automatically mark levels like 38.2%, 50%, 61.8%, etc. These levels act as pullback zones, and your job is to look for entry confirmation around them. 🔁 For bearish moves, draw from high to low. (I will show a bearish example later) Now let’s throw some examples and pictures into play to get a better understanding. 📈 XAU/USD BULLISH Example: 1.First we Identify the direction of the market: 2.Now we set our fibs by looking for confirmations to get possible entry point: Lets zoom in a bit: Now that we have a break of the trendline we wait for confirmation and look for confluence: Now we set our fibs from the last low to the last high: This will act as our entry point for the trade. 3. Now we can look for our stop loss and take profit levels: Stop Loss: For the stop loss I like to use the fib levels 1.1 and 1.2 when I make an entry based upon the 0.618 level. These levels to me typically indicate that the trade idea is invalid once crossed because it will usually violate the prior confirmations Take Profit: For the take profit I like to use the Fib levels 0.236, 0, -0.27, and -0.618. This is based upon your personal risk tolerance and overall analysis. You can use 0.236 and 0 level as areas to take partial profits. Re-Entry Point Using Elliott Waves as Confluence Example: This is an example of how I used Elliott Waves to enter the trade again from the prior entry point. If you don’t know what Elliott Waves are I will link my other educational post so you can read up on it and have a better understanding my explanation to follow. After seeing all of our prior confirmations I am now confident that our trend is still strongly bullish so I will mark my Waves and look for an entry point. As we can see price dipped into the 0.38-0.5 Fib level and rejected it nicely which is also in confluence with the Elliott Wave Theory for the creation of wave 5 which is the last impulse leg before correction. 🔻 In a downtrend: Same steps, but reverse the direction — draw from high to low and look to short the pullback. XAU/USD Example: As you can see the same basic principles applied for bearish movement as well. ⚠️ Pro Tips for Accuracy: ✅ Always use Fib in confluence with: Market structure (higher highs/lows or lower highs/lows) Key support/resistance zones Volume or momentum indicators Candle Patterns Elliott Waves, etc. ❌ Don’t trade Fib levels blindly — they are zones, not guarantees. 📊 Use higher timeframes for cleaner levels (4H, Daily) 💡 Final Thought Fibonacci retracement doesn’t predict the future — it reveals probability zones where price is likely to react. When combined with structure and confirmation, it becomes one of the most reliable tools for new and experienced traders alike. 🔥 Drop a comment if this helped — or if you want a Part 2 where I break down Fibonacci Extensions and how to use them for take-profit targets. 💬 Tag or share with a beginner who needs to see this!
FOREXCOM:XAUUSDEducation
by WrightWayInvestments