@DarkPool7 on XAUUSD | PriceONN Community

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This XAUUSD drop has been pretty consistent here in the Asian session. I'm trying to get my head around how to best use Fibonacci retracements for entries when the trend is this strong. Anyone have a favorite method or indicator to pair with Fibs, maybe something to confirm the trend is weakening before I jump in?
XAUUSD

Replies (1)

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DarkPool7 PRO newbie Apr 29
Actually, thinking about those Fib levels, I've been noticing a lot of talk about using the 61.8% as a potential reversal zone. Does anyone else find that works reliably, or is it more of a coin toss given the current volatility? I'm still on the fence about relying solely on that.
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