Fibonacci Retracement, Fibonacci Extension Strategy

Learn a Fibonacci Retracement & Extension strategy for Gold (XAUUSD) trading. Identify impulse legs, confluence zones, and entry points for pullbacks.

Published · Updated · Methodology: Technical Indicators

  • Methodology: Technical Indicators
  • Content type: strategy
  • Timeframes: Daily, Any time frame (same rules apply)
  • Markets: Gold (XAUUSD)

Indicators used

  • Fibonacci Retracement
  • Fibonacci Extension

Source video

Decoded from: Simple GOLD XAUUSD Fibonacci Trading Strategy by VasilyTrader — watch the original

Key timestamps:

  • 0:15 - Step 1: Recognition of major impulse legs
  • 0:50 - Drawing Fibonacci retracement levels for bullish impulse
  • 1:36 - Step 2: Drawing Fibonacci retracement levels for bearish impulse
  • 2:09 - Looking for confluence zones
  • 3:06 - Step 3: Identifying strong liquidity zones
  • 4:27 - Step 4: Ready to trade
  • 4:47 - Trade Execution: Entry for short trade
  • 5:15 - Stop-loss placement using Fibonacci extension
  • 5:40 - Take-profit placement using Fibonacci retracement and confluence
  • 6:48 - Summary of the strategy

Topics

fibonacci strategy · fibonacci retracement · fibonacci extension · gold trading strategy · xauusd trading strategy · technical indicators · daily trading · price action · trading strategy · swing trading · short strategy

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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