Markets › Gold › Fibonacci bounce down
Commodities · indicator signal
Fibonacci bounce down on Gold
On Gold the fibonacci bounce down showed up 66 times. The target came first 41% of the time, the stop 48%, and 11% went nowhere within 12 candles.
Counted on Gold futures: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 21 | 33% | 57% | 10% |
| Hourly | 45 | 44% | 44% | 11% |
Gold against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Gold | 66 | 41% | 48% | 11% |
| All Commodities charts | 160 | 35% | 58% | 8% |
| Every market | 17,936 | 35% | 57% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2017 | 3 | 0% | 100% |
| 2019 | 7 | 29% | 57% |
| 2023 | 4 | 75% | 25% |
| 2024 | 15 | 20% | 53% |
| 2025 | 27 | 56% | 37% |
| 2026 | 5 | 60% | 40% |
The last 8 times
- 20 Mar 2026, 09:00 UTC · hourly · target first after 4 candles
- 20 Mar 2026, 08:00 UTC · hourly · target first after 2 candles
- 20 Mar 2026, 06:00 UTC · hourly · stop first after 1 candle
- 20 Mar 2026, 05:00 UTC · hourly · stop first after 3 candles
- 20 Mar 2026, 04:00 UTC · hourly · target first after 5 candles
- 19 Sep 2025, 06:00 UTC · hourly · stop first after 1 candle
- 31 Jul 2025, 10:00 UTC · hourly · stop first after 1 candle
- 29 Jul 2025, 09:00 UTC · hourly · target first after 4 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the fibonacci bounce down is
After a big fall, price rallied back to the 50 to 61.8% zone and turned down.
Imagine falling down a slide, climbing back up about halfway, then slipping down again. Fibonacci levels mark how far price climbed back compared with the fall. A Fibonacci bounce down is when price rallies back into the 50% to 61.8% zone and turns down.
The full fibonacci bounce down lesson, video and quiz ›
Other patterns on Gold
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · MACD bearish cross · Doji · RSI overbought drop · Volume profile bounce · Volume profile rejection · EMA 9/21 bearish cross · all of them
The fibonacci bounce down elsewhere
Silver · Crude oil · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY
Questions
How often does the fibonacci bounce down work on Gold?
In 66 cases on Gold, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 48%; 11% went nowhere within 12 candles.
What is the fibonacci bounce down?
After a big fall, price rallied back to the 50 to 61.8% zone and turned down.