This chart presents a bullish trading setup on gold (XAU/USD) based on a Fibonacci retracement strategy. It suggests a buy opportunity after a pullback.
✅ Fibonacci Levels:
> 0.0% (Top): $3,331 – recent swing high (used as reference)
> 23.6%: $3,312 – minor resistance zone
> 38.2%: $3,297 – initial pullback area
> 50.0%: $3,290 – psychological mid-level
> 61.8% (Golden Ratio): $3,280 – key Fibonacci support
> 78.6%: $3,266 – deeper retracement support
> 100% (Bottom): $3,249 – recent swing low
🟪 Buy Zone (Between 50% and 61.8%):
The marked BUY ZONE is between $3,290 and $3,280, aligning with the Fibonacci golden pocket.
This is a high-probability reversal area, as it combines:
Strong Fibonacci confluence (50%–61.8%)
Prior price reaction zones (structure-based support)
: TP1: $3,320 – aligns with previous structure zone and 23.6% retracement.
: Final Target: $3,350 – a retest of the major resistance and previous high.
📌 Conclusion:
This is a classic Fibonacci retracement long setup:
Wait for a bullish reversal pattern (e.g., pin bar, engulfing) in the buy zone.
As long as the price holds above $3,266, the bullish structure remains valid.
Ideal for swing traders looking to catch a bounce off the golden ratio support.
✅ Fibonacci Levels:
> 0.0% (Top): $3,331 – recent swing high (used as reference)
> 23.6%: $3,312 – minor resistance zone
> 38.2%: $3,297 – initial pullback area
> 50.0%: $3,290 – psychological mid-level
> 61.8% (Golden Ratio): $3,280 – key Fibonacci support
> 78.6%: $3,266 – deeper retracement support
> 100% (Bottom): $3,249 – recent swing low
🟪 Buy Zone (Between 50% and 61.8%):
The marked BUY ZONE is between $3,290 and $3,280, aligning with the Fibonacci golden pocket.
This is a high-probability reversal area, as it combines:
Strong Fibonacci confluence (50%–61.8%)
Prior price reaction zones (structure-based support)
: TP1: $3,320 – aligns with previous structure zone and 23.6% retracement.
: Final Target: $3,350 – a retest of the major resistance and previous high.
📌 Conclusion:
This is a classic Fibonacci retracement long setup:
Wait for a bullish reversal pattern (e.g., pin bar, engulfing) in the buy zone.
As long as the price holds above $3,266, the bullish structure remains valid.
Ideal for swing traders looking to catch a bounce off the golden ratio support.
Giao dịch đang hoạt động
We almost achieved our TP1 3320, our setup is still valid, and we are heading towards our final target 3350.Đóng lệnh: đạt mục tiêu
Congratulations Our target is about to hit. We made almost 600+ pips profit on this setup. Stay tuned for more updates 
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t.me/GoldenpipsFXtrader
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Thank you for visiting us! Join us for more trading insights and signals.
t.me/GoldenpipsFXtrader
t.me/GoldenpipsFXtrader
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.