Use our Fibonacci Retracement Calculator to find key support and resistance levels in Gold (XAUUSD). Quick, accurate, and powered by GoldFxPro.
Introduction
Fibonacci Retracement Calculator is one of the most powerful tools used in gold trading (XAUUSD), forex, and stock markets. This tool helps traders identify potential support and resistance levels based on Fibonacci ratios like 23.6%, 38.2%, 50%, 61.8%, 78.6%.
By using this calculator, traders can easily find out price levels for retracement or continuation of a trend, especially when trading gold.
What is Fibonacci Retracement?
Fibonacci retracement is a technical analysis method that divides a price move into key levels based on the Fibonacci sequence. Traders use these levels to predict price pullbacks or possible trend reversals.
For example, if Gold moves from $3,750 to $3,790, Fibonacci levels such as 23.6%, 38.2%, 50%, and 61.8% will highlight where price might reverse or continue.
How to Use Fibonacci Retracement Calculator?
- Select Trend Direction → Uptrend or Downtrend.
- Enter Low Price → The lowest point of the move.
- Enter High Price → The highest point of the move.
- Click on “Calculate”.
- The calculator will show you key Fibonacci levels with their corresponding prices.
Example: Gold (XAUUSD)
- Low Price: 3750.00
- High Price: 3790.00
| Level | Price |
|---|---|
| 23.6% | 3780.56 |
| 38.2% | 3774.72 |
| 50% | 3770.00 |
| 61.8% | 3765.28 |
| 78.6% | 3758.56 |
| 138.2% | 3734.72 |
| 161.8% | 3725.28 |
These levels can be used for entry, exit, and stop loss planning in gold trading.
Benefits of Fibonacci Calculator
- Quickly identifies support & resistance levels.
- Saves time compared to manual calculation.
- Perfect for scalping, intraday, and swing trading.
- Especially useful for gold (XAUUSD) traders.
The Fibonacci Retracement Calculator is an essential trading tool that every gold trader should use. It helps in better decision-making, risk management, and accurate trade entries.
Use the calculator now on GoldFxPro.com and take your gold trading to the next level.
