My earlier analysis on Gold (XAUUSD) has played out exactly as expected ✅
I used the Fibonacci Retracement Tool to catch the ideal entry point, and Gold respected the 61% retracement zone beautifully. The price reversed from my projected levels, and now I am already running +150 pips in profit 🏆
This is a clear reminder of how powerful Fibonacci levels can be in identifying high-probability entry zones when combined with market structure and trend confirmation.
🎯 Entry: Near 61% Fib Zone
🔥 Current Profit: +150 pips
📌 Lesson: “Respect the levels, and the levels will respect you.”
I’ll continue to trail my profits while keeping an eye on the next resistance zones.
Regards: Forex Insights Pro.
I used the Fibonacci Retracement Tool to catch the ideal entry point, and Gold respected the 61% retracement zone beautifully. The price reversed from my projected levels, and now I am already running +150 pips in profit 🏆
This is a clear reminder of how powerful Fibonacci levels can be in identifying high-probability entry zones when combined with market structure and trend confirmation.
🎯 Entry: Near 61% Fib Zone
🔥 Current Profit: +150 pips
📌 Lesson: “Respect the levels, and the levels will respect you.”
I’ll continue to trail my profits while keeping an eye on the next resistance zones.
Regards: Forex Insights Pro.
Trade active
Two days ago, I shared a bullish setup from 3326.217 with a stop loss at 3320.354 and target at 3350.000.📈 Gold respected the setup perfectly and hit the target, giving us around +238 pips profit. 🎯
This trade was based on Fibonacci retracement + price action and once again shows the importance of technical discipline.
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join our free signal channel t.me/ForexGoldpips81
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.