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Fibonacci Retracement

GOLD → The correction will trigger growth to $4,000.FX:XAUUSD hit a new record high of nearly $3,977 and entered a correction phase to build up potential before further growth. Despite the local strengthening of the dollar, the upward trend continues thanks to a combination of macroeconomic and geopolitical factors. Key supporting factors: Ongoing US government shutdown: The Democrats' fifth unsuccessful attempt to resolve the issue increases uncertainty. Markets expect two interest rate cuts before the end of the year. China has been increasing its reserves for the 11th consecutive month, and global central banks bought +15 tons in August. No bearish triggers: Any correction is seen as a buying opportunity. Gold maintains its upward momentum. Breaking through $4,000 seems a matter of time if current drivers remain in place. Key risks are an unexpected resolution to the shutdown or hawkish signals from the Fed. Resistance levels: 3977, 4000 Support levels: 3945, 3927, 3920 Technically, a false breakdown of support could lead to continued growth. A retest of 3945 is possible; a weak reaction could trigger a deeper correction, for example to 3927, before further growth. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
20
GOLD → Testing 4050 - 4100. Need a pullback to tradeFX:XAUUSD is hitting a new all-time high, testing $4,050, and looks set to reach $4,100. This record growth is linked to falling interest rates and economic risks, which are causing money to flow into hedge assets... Key drivers: The White House may announce civil service cuts amid the shutdown, which increases uncertainty. The probability of interest rate cuts in October is 95%, supported by the delay in data publication due to the shutdown. Global central banks continue to build up reserves. However, as prices rise, so do the risks of correction. The USD is also receiving support as a safe haven, which may limit further growth in gold. Resistance levels: 4050, 4075, 4100 Support levels: 4020, 400, 3986 Technically, we need to wait for a slowdown and correction to take a full breath before further movement. I consider the local liquidity zones of 4020 - 4000 - 3986, 3961 to be promising areas of interest. I do not rule out the possibility of sharp shocks in the market, so we need to be prepared... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
11
ETHFIUSDT → Correction to support consolidation. Rally?BINANCE:ETHFIUSDT is correcting after updating its local maximum to 1.9382. The breakout of the 1.6775 zone is an attempt to start distribution after a long consolidation. Will the bulls hold this zone? Bitcoin is correcting after a false breakout of resistance. Against this backdrop, the entire cryptocurrency market is declining. However, the trend is bullish and the fundamental background is positive. The end of the correction may resume growth in the market. ETHFI on the daily timeframe is trying to move into a distribution phase after 5-6 months of consolidation. The trend is upward, and after breaking through resistance, a correction to the liquidity zone of 1.6775 is forming. A false breakdown, a change in market imbalance, and consolidation above 1.6780 could increase buyer interest, which in turn could lead to growth. Resistance levels: 1.8980, 1.9382 Support levels: 1.6775, 1.5343 The chart shows two key levels - 1.6775 and 1.5343. If the bulls hold their ground above the nearest level of 1.6775, this could lead to a rebound and growth, which in turn would confirm the continuation of the distribution phase. Otherwise, the market may test the POC zone at 1.5343, and liquidity capture may in turn trigger growth. Best regards, R. Linda!
Long
by RLinda
8
Can NASDAQ Hold 24,600 and Push to New Highs?Hey Traders, in tomorrow’s trading session we are monitoring NAS100 for a potential buying opportunity around the 24,600 zone. NASDAQ remains in an uptrend and is currently in a correction phase, with price approaching a key support/resistance level at 24,600. Structure: The broader trend is bullish, with price moving within an ascending channel. Key level in focus: 24,600 — a critical support area aligning with the lower boundary of the channel. Next move: Holding above this level could set the stage for a rebound toward 25,100, which represents the channel’s upper resistance and potential higher high formation. Trade safe, Joe.
PEPPERSTONE:NAS100Long
by JoeChampion
20
DOGEUSDT → Correction to 0.246. The hunt for liquidity BINANCE:DOGEUSDT.P attempted to realize its potential after breaking out of the downward resistance. After updating the local maximum to 0.27, the price entered a phase of correction and consolidation... Bitcoin slows down its growth after reaching the 125K zone. A correction may form in the altcoin markets due to the risk of profit-taking. For DOGE, there is a zone of interest at 0.2466 The price of DOGE has reached a strong resistance zone, where bears have increased pressure. A false breakout of 0.2653 - 0.2694 has formed. A sell-off is forming... Resistance levels: 0.2653, 0.2694 Support levels: 0.2466, 0.2431, 0.2376 Against the backdrop of market correction, a downward rally associated with panic selling is forming. The support zone that is of interest to the market is 0.2466, and this zone is quite capable of stopping the decline. A false breakdown and holding the price above 0.246 - 0.243 may renew interest in growth. Best regards, R. Linda!
Long
by RLinda
19
USDJPY breakout: Can the rally extend toward 155?The dollar-yen pair smashed through 150 with one of the strongest breakouts recently, confirming a new technical phase as it trades above the 61.8% Fib retracement. Here’s what’s fuelling the move and what traders should watch next: Dollar strength returned as safe haven flows dominate, even with a US government shutdown, while Japan’s new prime minister’s dovish signals are sending the yen into freefall. Key drivers Safe haven flows : Investors seek shelter in the dollar as global uncertainty rises; DXY index hit a 6-week high. Yield differentials : The Fed/BOJ spread powers further carry trade buying as Japanese rates remain ultra-low. Japanese political shift : PM Takaichi’s win spurs fiscal stimulus and pushes back market hopes for BOJ tightening, deepening yen weakness. Technical breakout : Clean break above multi-year resistance and 61.8% Fibonacci retracement; watch for support validation and continuation toward the next 78.6% Fib at 154.80. What to watch Holding above 150 and 61.8% Fib support sets the stage for a bullish continuation. Profit taking is possible near 153.25–154.80, as RSI shows signs of overbought. Tonight’s FOMC minutes, Thursday’s BoJ/Ueda speech, and political headlines could trigger sharp moves. Cross-pair momentum : EURJPY at record highs, GBPJPY surging, confirming broad-based yen weakness. The bulls are in control as long as USDJPY stays above 151.15–150.50. Pullbacks to support offer opportunities to buy dips, with 154.80 as the next bullish target. Keep stop losses disciplined, and don’t ignore the chance for sharp reversals if intervention or a dramatic shift in sentiment emerges. For more actionable FX insight, follow ThinkMarkets. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by ThinkMarkets
AUDUSD Eyes 0.65900 as Gold Nears Record HighHey Traders, in the coming week we are monitoring AUDUSD for a potential buying opportunity around the 0.65900 zone. AUDUSD remains in an uptrend and is currently in a correction phase, with price moving toward this key support/resistance level. Structure: The broader bias is bullish, with price retracing toward trend support. Key level in focus: 0.65900 — an important area where buyers may look to re-enter. Fundamentals: Gold continues to rise and is nearing a fresh ATH, supported by a bearish US Dollar bias. Given the positive correlation between AUDUSD and Gold, further upside on the pair remains likely. Next move: Monitoring price reaction at 0.65900 to assess whether the trend resumes higher. Trade safe, Joe.
Long
by JoeChampion
15
GOLD H1 – Holding Above $4,000, Next Expansion in PlayGold continues to build momentum after the historic breakout above $4,000, confirming the zone 3996$ (Fibo 0.618 reaction) as a strong intraday support. Buyers are keeping control, with the market now looking towards higher Fibo expansion zones. 📊 Technical Outlook (M30 – Fibo Matrix) 3996$ Zone: Breakout ATH support + Fibo 0.618 → Key pivot, as long as price stays above, bulls remain in charge. 4018 – 4020: First intraday resistance → short-term reaction level. 4043$: Psychological resistance aligned with Fibo expansion. 406x – 407x: Major SELL Reaction Zone (Fibo 1.5 – 1.618) → possible scalp rejection zone. 4095$+: Extended expansion zone, next upside liquidity target. 🎯 Trading Plan (Francis Setup) ✅ BUY Setup: Entry: 3996 – 4000 (retest support). Targets: 4018 → 4043 → 406x. Stop Loss: Below 3984. ⚠️ SELL Setup (Scalp only): Entry: 406x – 407x if rejection confirmed. Target: 4020 – 4000 Stop Loss: Above 4096. 🔑 Francis Key Takeaway The breakout above $4,000 is a structural shift. 👉 As long as Gold holds 3996 support, dips remain strong buying opportunities. 👉 Short-term traders can watch the 406x – 407x Fibo reaction for potential rejections. 🚀 The path to $4,100 is open – trade with precision, follow the liquidity.
OANDA:XAUUSDLong
by FranCis-MatrixFibo
GOLD XAU/USD – Daily Trading Plan | Eyeing 4,000$Gold continues its powerful uptrend, trading close to 3,980$ during the Asian session while maintaining bullish structure within the Fibo channel. After a minor pullback, price is regaining momentum, with the psychological level at 4,000$ now becoming the next big target for safe-haven flows. 🔎 Technical Outlook (M30) Main Trend: Strong bullish structure, well-supported by intraday Fibo levels. Fibo extension structure shows upside potential remains intact, with 4000$ – 4010$ acting as the key resistance zone. M30 candles highlight consistent buying power after each dip, confirming buyers are still in control. 🔑 Key Levels Reaction Buy Zone (Fibo 0.618): 395x → Critical intraday demand zone. Strong Support Zone: 393x → Must-hold support to maintain bullish structure. Current ATH Resistance Zone: 397x → Short-term resistance, under heavy test. Reaction Sell Zone: 3988 – 3990 → Strong rejection zone before 4000$. Psychological Resistance: 4000 – 4006$ → Major psychological barrier, possible profit-taking zone. 📈 Trading Plan (by FranCi$$) ✅ BUY Setup: Entry: 395x – 393x Targets: 3975 → 3988 → 4000$ Stop Loss: Below 392x ⚠️ SELL Setup (Short-term Scalp): Entry: 3988 – 4000$ Targets: 3970 → 3950$ Stop Loss: Above 4015$ 📝 Conclusion The dominant trend remains bullish, with gold aiming for the psychological milestone at 4000$. The safest approach is to BUY on dips around strong Fibo support zones, while short-term traders can look for SELL scalps if rejection signals appear near 3988 – 4000$. ⚡ Today’s session is key: bulls will attempt a historic breakout, while bears will defend the 4000$ level.
OANDA:XAUUSDLong
by FranCis-MatrixFibo
XAU/USD – Eyeing $3,94x and Beyond: Gold’s Relentless RunGold opened the week with unstoppable momentum, breaking above the $3,900 milestone for the first time. Safe-haven demand, fueled by ongoing U.S. government shutdown risks and expectations of Fed rate cuts, continues to drive XAU/USD toward record levels. Despite the USD bounce and equity optimism, Gold buyers remain firmly in control, keeping the $4,000 psychological level in sight. 🔎 Technical Outlook (H1 – FIBO Matrix) 📍 Reaction Buy Zones 3884 – 3880 (Fibo 0.5 Support) → Intraday pullback demand zone. 386x (Fibo 0.618 Support H1) → Stronger reaction base, key liquidity defense. 📍 Reaction Sell Zones 393x – 394x (Fibo 1.5 – 1.618 Extension) → Current resistance zone. 4000 Psychological Round Level → Major sell liquidity trap, watch carefully for reversals. 🎯 Trade Plan 1️⃣ BUY Scenario Entry: 3884 – 3880 / 386x with bullish confirmation. TP: 3925 – 3940, extended hold toward $4,000. SL: Below 3850. 2️⃣ SELL Scenario (Short-Term Scalp) Entry: 393x – 394x, or rejection at $4000 psychological level. TP: 3900 – 3884. SL: Above 3952. ⚡ Key Insights Trend remains bullish, dips into Fibo support zones are buy opportunities. $3925 → first resistance test, $4000 → big psychological barrier. Momentum is fueled by safe-haven flows; risk sentiment & Fed updates remain critical. 💬 Your Turn Will Gold blast through $4,000 this week, or will sellers defend this psychological wall? Drop your setups below 👇
OANDA:XAUUSDLong
by FranCis-MatrixFibo
Asian Paints at Demand Zone —Eyes on a Potential Reversal Setup!Asian Paints – Daily Chart Analysis Chart Timeframe: Daily chart observation. Current Price Zone: Trading near the Fibonacci golden zone around 2320. Support Zone: Strong support identified between 2240–2260, aligned with the channel base and Fibonacci retracement. Technical Confluence: Both channel and Fibonacci levels confirm 2260 as a crucial support level. Outlook: If these two zones hold, we may see higher prices in Asian Paints in the upcoming sessions. Thank you.
NSE:ASIANPAINTLong
by FiveCircles
GOLD → Rally to the psychological target of $4,000FX:XAUUSD hit a new all-time high of $3,950 (+1.7% for the day at the time of writing), continuing its move toward the psychological $4,000 mark. The growth continues despite the strengthening of the dollar and the rally in the stock markets. Key drivers: The ongoing US shutdown (now in its seventh day): The lack of progress in negotiations and the risk of mass layoffs of civil servants are increasing demand for safe havens. The probability of a rate cut in October is 100%, and in December, 94%. Weak labor market: Trump's statements blaming Democrats for job losses are fueling pessimism. Fundamentally, gold remains on an upward trend thanks to the perfect combination of US fiscal risks and soft monetary policy. A breakout to $4,000 seems only a matter of time if the shutdown is not resolved. Resistance levels: 3,950, 3975, 4000 Support levels: 3920, 3900, 3880 Technically, before reaching the 4000 mark, MM may form a liquidation, especially against the backdrop of the FOMC meeting on Wednesday and the Fed on Thursday. Key areas of interest before growth: 3920 and 3900, behind these areas lies a pool of liquidity that will not prevent the accumulation of energy before the next bull run. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
18
USDJPY → Gap and retest of resistance on a neutral trendThe Japanese yen opens with a gap in the Asia-Pacific session and forms a distribution, within which it tests the resistance zone of 149.93 - 150.79. The dollar is rebounding again, provoking a corresponding reaction in the markets. However, based on fundamental data, the decline may continue after the pullback. Gap in USDJPY, distribution and entry into the resistance zone at high speed, there may not be enough potential for continued growth. There is no trend, the price is in a sideways market. A false breakout of 149.93 may trigger a correction towards the lower boundary of the gap. Resistance levels: 149.93, 150.79 Support levels: 148.76, 148.09 If the currency pair is unable to continue growing, then a false breakout of resistance can be considered. A return of the price to the range on D1 may trigger a decline to support. Best regards, R. Linda!
Short
by RLinda
9
BITCOIN → False breakout of the all-time high zoneBINANCE:BTCUSDT is rising amid the US government shutdown and testing the all-time high zone and resistance at 123.3K - 123.7K. A false breakout has formed and the market is moving into local consolidation. The price is reacting aggressively to the retest of the uptrend support. A rally is forming, and Bitcoin is testing the ATH zone. As part of the distribution (14% rally), the price reaches an important resistance zone, behind which lies a liquidity pool - 123.3K - 124.5K. However, the growth ends with a false breakout and subsequent price consolidation in the sales zone. To break through such a strong zone, the market needs significant consolidation, which is currently lacking, and the news that caused the price to grow so strongly has already partially exhausted its potential. Thus, the market may move into consolidation, correction to accumulate potential, or wait for the next bullish driver. Resistance levels: 123.3K, 123.7K, 124.5K Support levels: 119.2K, 117.8K I do not rule out the possibility of a retest of 123.7 - 124.5, but technically, on Friday, the market began a sell-off (profit-taking), forming a sufficiently long shadow on the daily candlestick. In the medium term, I expect a correction to the local break-even and imbalance zone of 119K - 117K before another attempt at growth is made Best regards, R. Linda!
Short
by RLinda
21
XAUUSD – Gold’s Path to $4,000: Fibo Liquidity Map in PlayGold remains in a dominant bullish structure, supported by safe-haven flows amid U.S. political tensions and mixed macro data. The structure shows clear wave extensions, with price consolidating before the next potential expansion toward $4,000. 📐 Advanced Technical Breakdown – H4 FiboMatrix 1️⃣ Fibonacci Structure Price has been respecting key Fibo retracement levels (0.618 & 0.786), confirming strong algorithmic reactions. Current leg is extending toward the 1.5 – 1.618 projection zone ($3,995 – $4,003), historically a high-probability reversal pocket. 2️⃣ Liquidity Zones $3,820 – $3,828 → Deep liquidity accumulation aligned with Fibo 0.618. This zone remains a structural pivot where buyers previously defended. $3,860 – $3,872 → Recent reaction cluster near 0.786. Short-term bulls need to defend this zone to maintain momentum. $3,720 – $3,730 → Strong liquidity magnet & long-term demand, in case of a deeper flush. 3️⃣ Candle & Structure Analysis Recent breakout candles show expansion volume, suggesting market makers are driving price toward the extension targets. However, the repeated tests of $3,895 highlight potential distribution before the $4,000 liquidity hunt. 🎯 Trading Scenarios 🔵 Primary Bullish Play (Continuation) Entry: $3,860 – $3,872 (0.786 cluster) Targets: $3,895 → $3,995 → $4,003 SL: Below $3,850 🟢 Aggressive Buy Dip Entry: $3,820 – $3,828 (0.618 confluence) Targets: $3,872 → $3,895 SL: Below $3,808 🔴 Scalp Sell Opportunity Entry: $3,995 – $4,003 (Fibo 1.5 – 1.618 projection) Targets: $3,970 → $3,950 SL: Above $4,010 ⚡ Pro Insights – What to Watch Liquidity sweep at $4,000 → Expect a sharp reaction; patience required for entries. Defensive zones $3,860 & $3,820 → If these hold, the bullish channel remains intact. Candle closes on H4 → A rejection wick at $3,995+ could signal distribution and trigger short-term shorts. 💬 What’s your view? Will Gold smash through $4,000 clean, or will we see a liquidity trap and retracement first? Drop your setups below 👇
OANDA:XAUUSDLong
by FranCis-MatrixFibo
Falling Soon To 0.618 Fibonacci W LevelNow the market is over-extended on the 1 Week time-frame, so i suggest to open a short possition (here i share mine). We have confirmations of this scenario at technical indicators, such as: 1 Day RSI, 4 Hours Ichimoku Clouds, 1 Hour TEMA-Supertrend, and 1 Day Bollinger Bands. I used Fibonacci retracement to measure this fall to the most probable level. I had in consideration that this a new market and that it has been growing a lot without any important correction since 5 weeks ago on the 1 Week time-frame. Setup: Break Even: 0.1295 Liquidation: 0.1360 Stop Loss: 0.1308 (1.00%) Take Profit: 0.0860 If Concluded Successfully: 33.59% of ROI
Short
by Chart_Surfer_
Dow Jones Watching 46,250 Support for Potential ContinuationHey Traders, in today’s trading session we are monitoring US30 for a potential buying opportunity around the 46,250 zone. The Dow Jones is trading in an uptrend and currently in a correction phase, with price moving toward this key support/resistance level. Structure: The broader trend remains bullish, with pullbacks serving as corrections within the uptrend. Key level in focus: 46,250 — an important support zone where price could stabilize and attract buyers. Next move: Holding above 46,250 could open the door for continuation toward higher highs, while a breakdown would suggest a deeper retracement. Trade safe, Joe.
CAPITALCOM:US30Long
by JoeChampion
24
BTCUSD 1W chart review• Currently BTC is at ~ USD 123,000 (+1.97%). • Strong support visible in the area of ​​113 400 USD and USD 106,800. • The next resistance is USD 124,500, and the next important is USD 133,500. 2. Trend: • You can see the growing trend line (orange), which supports increases. • The weekly candle is green and quite strong - suggests that the demand persists. 3. Medium walking (SMA / EMA): • SMA 50/200 shows the Golden Cross (EMA CROSS 50/200), which is a long -term bull signal. • SMA (red) is below the price → pro-rectification signal. 4. RSI (Relative Strength Index): • Currently approx. 60 → Neutral-BYCZECZE territory. • Not bought yet (> 70), so there is space for further increases. 5. MacD / Histogram: • The histogram begins to grow green - growth moment is growing. • This confirms that the buyers are taking over the initiative. ⸻ 📈 Scenarios: 1. Bull (greater likelihood at the moment) • If BTC pierces and stays above USD 124,500, the goal may be USD 133,500. • Breaking over 133K opens the road even to around 140k. 2. Bear • If the price does not pierce 124.5k and reject the resistance, it may drop to $ 113,400. • Punction below this zone will give a signal of declines up to USD 106,800.
COINBASE:BTCUSD
by cryptodailyuk
Gold Eyes $3,890 Resistance After Strong ReboundGold erased Thursday’s drop and climbed back to the $3,890/oz region during Friday’s session. Weaker USD after U.S. data, Mixed U.S. bond yields, And rising uncertainty over the potential U.S. government shutdown → All boosted safe-haven demand and pushed XAU/USD higher. But the $3,890 – $3,895 resistance zone remains the key barrier in the short term. 📐 Technical Outlook (FiboMatrix Zones) 🔴 Resistance / Sell Zone $3,890 – $3,895 → Strong rejection area. 🟢 Support / Buy Zones $3,870 – $3,868 → Intraday support, trendline retest. $3,852 – $3,850 → Strong demand zone, aligned with Fibo 0.618. $3,835 – $3,830 → Deeper liquidity zone, long-term buy interest. 📊 Trade Scenarios 1️⃣ SELL Short-Term Scalps Entry: $3,890 – $3,895 Targets: $3,870 → $3,852 Stop Loss: Above $3,900 2️⃣ BUY on Pullback Entry: $3,852 – $3,850 Targets: $3,880 → $3,890+ Stop Loss: Below $3,842 3️⃣ BUY Strategic Setup (Swing) Entry: $3,835 – $3,830 Targets: $3,890 → $3,900 Stop Loss: Below $3,820 ⚡ Key Notes Watch USD moves & political headlines in the U.S. – they will drive volatility. BUY setups at major support zones remain more favorable. SELL only for scalpers with strict risk management. 💬 What do you think traders? Will Gold break through $3,890 to hit $3,900, or pull back deeper before the next rally? 👇 Share your setups below!
OANDA:XAUUSDShort
by FranCis-MatrixFibo
1