Fibonacci Calculator XAU/USD
Calculate Fibonacci levels for XAU/USD
Inputs
Calculate price range
2040.500 - 2010.500
= 30.000
Calculate 38.2% level
2040.500 - (30.000 × 0.382)
= 2029.040
Calculate 61.8% level
2040.500 - (30.000 × 0.618)
= 2021.960
For XAU/USD Fibonacci levels: XAU/USD uses 2-decimal pricing (0.01 per pip) since USD is valued in hundreds per unit. Contract size: 100 units. Typical spreads: 20-35 pips.
Frequently Asked Questions
How do I use Fibonacci levels for XAU/USD trading?
For XAU/USD, identify a significant swing high and low, then apply Fibonacci retracements. Key levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6% of the move.
Which Fibonacci level works best for XAU/USD entries?
The 38.2% and 61.8% levels often provide strong support/resistance for XAU/USD. As a commodity pair, XAU/USD may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for XAU/USD targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on XAU/USD to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.