XAUUSD Fibonacci Support Resistance Zones: Gold as of Jun 17

Atualizado
These zones are calculated using Fibonacci Ratios of past price moves.
Fib extensions and retracements are projected forward in time and price.
If price bounces or reverses, it will probably do so at one of these zones.

Some zones will match previous highs and lows, since Fibs are derived from the extremes.
Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones.
Zones that are far from current price will be either WIDE or just a LINE. Just a line indicates important Fib Ratio.

Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current price range, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up, or to the right to view larger time frame.

I will update as new zones are defined by upcoming Fibs.
Nota
Gold is trying. see comments on chart pic:
captura
Nota
Nice action around the zones still.
Watching this current zone, if it rejects, then no bullish signs at all
captura
Nota
Contemplating a Long here.
$1250 psych level. Just waiting for signs of Dollar retrace.
captura
Nota
Hoping to see something like this develop.
captura
Tempted to just long it now, but I need confirmation that this zone at 1250-52 can act as sound support. Otherwise, the next zone down is a long way off ....
captura
Nota
Gold might be bouncing here?
Still looking for this type of action, but looks like buyers are stepping in
captura
Nota
GoldFinger vibrating on Buy Button.
Above chart Zoomed in, my Green Path looks plausible.
captura
Nota
Gold continues to exhibit the type of behavior I am hoping for.
Now just need a retest of the 1252 line and strong bounce for me to enter long.
captura
Nota
Bounce looking plausible.
Just entered Long Scalp:
XAUUSD scalp Long triggered: Gold to bounce?
Nota
These zones were drawn over a Month ago, but still look quite valid:
captura
Nota
Very cool, captive bands under a microscope captura
FibonacciSupply and DemandSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Publicações relacionadas

Aviso legal