The 0.618 golden ratio, also known as the Fibonacci retracement level, is a key tool in technical analysis for predicting potential reversal points in the price of XAU/USD (Gold vs. US Dollar). This ratio is derived from the Fibonacci sequence and is often used by traders to identify support and resistance levels. lets kill it
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.