Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...

Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...

After reaching a new trend high of 25.91 early in Monday’s trading session, silver reversed lower, generating a very wide outside day. At the time of this writing, the low of the day is 24.40 and ...

Gold pulls back slightly today as it drops below yesterday’s low of 2,035 and it very well may close weak, below yesterday’s low. Wednesday’s high of 2,052 completed a 13.3% rally from the October 6 ...

Natural gas hit a new retracement low before rebounding intraday, hinting at a hammer reversal, though continued weakness ...

Natural gas plunged Monday to a new retracement low of $3.47 near the 78.6% Fibonacci at $3.48 and prior September resistance $3.44, confirming the 200-day average and long-term trendline breakdown ...

Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...