Gold has a strong bullish momentum, could it rise further?The price is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance.
Pivot: 3,287.49
1st Support: 3,240.33
1st Resistance: 3,413.48
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Commoditysignals
XAUUSD This is the level to look for a break-out.Gold (XAUUSD) has been trading within a Channel Up since the October 30 2024 High, which then transitioned inside it into a Bullish Megaphone. The recent May 15 rebound took place on the 1D MA50 (blue trend-line), which has been the pattern's Support since basically the start of the year (January 08 2025).
Today however we see this rebound taking a pause on the Lower Highs trend-line that started on the April 22 High and until it breaks we can't speculate on a bullish price action as it is more likely to test again the 1D MA50, if not break the pattern downwards.
If however Gold closes a 1D candle above the Lower Highs trend-line, we will turn bullish again, targeting 3700 (+18.29% from the bottom, similar to the previous Bullish Leg).
Notice also that the 1D MACD just completed a Bullish Cross, which favors the buyer's case.
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Bearish reversal off pullback resistance?COPPER is rising towards the resistance level which is a pullback resistance that aligns with the 145% Fibonacci extension and could reverse from this level to our take profit.
Entry: 4.8773
Why we like it:
There is a pullback resistance level that lines up with the 145% Fibonacci extension.
Stop loss: 4.9762
Why we like it:
There is a pullback resistance level.
Take profit: 4.7206
Why we like it:
There is an overlap support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish reversal?WTI Oil (WTI/USD) is rising towards the pivot and could reverse to the 1st support, which is a pullback support.
Pivot: 65.18
1st Support: 55.69
1st Resistance: 71.43
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Shady CORN Scheme: Bullish Plot or Market Trap?🌟 Ultimate CORN Heist Strategy: Swing Trade Plan 🌟
Greetings, Wealth Chasers & Market Mavericks! 🤑💸
Ready to pull off a legendary heist in the 🌽 CORN Commodities CFD Market? Our Thief Trading Style blends sharp technicals and fundamentals to craft a high-octane plan for massive gains. Follow the strategy below, stick to the chart, and aim to cash out near the high-risk Red Resistance Zone—an electrified level where overbought conditions, consolidation, or trend reversals could spark traps from bearish bandits. Let’s lock in profits and treat ourselves to the spoils! 💪🎉
📈 Entry Plan: Launch the Heist! 🚀
Wait for a breakout above the Moving Average at 4.5800 to ignite your long entry—bullish riches are calling!
Option 1: Set Buy Stop Orders just above the MA for breakout confirmation.
Option 2: Place Buy Limit Orders on a pullback to the most recent swing low/high within a 15- or 30-minute timeframe.
📢 Pro Tip: Set an alert on your chart to catch the breakout in real-time! ⏰
🛑 Stop Loss: Protect Your Loot! 🔒
For Buy Stop Orders, place your Stop Loss after the breakout confirms to avoid premature exits.
Thief SL Recommendation: Set at the recent swing low on the 4H timeframe (4.4300) for day/swing trades.
Adjust SL based on your risk tolerance, lot size, and number of open orders—play it smart! ⚠️
Feeling rebellious? Set your SL wherever you dare, but don’t blame us if the market bites back! 😎🔥
🎯 Target: Grab the Gold! 🏴☠️
Aim for 4.8000—take partial profits or exit fully before hitting this level.
Scalpers: Stick to long-side scalps. Got deep pockets? Jump in now. Otherwise, join swing traders for the full heist.
Use a trailing Stop Loss to lock in gains and keep your money safe. 💰
🌽 CORN Market Outlook: Why This Heist Works 🌟
The CORN CFD market is currently neutral but shows strong bullish potential, driven by:
📰 Fundamentals: Check macroeconomic data, COT reports, geopolitical events, and news sentiment for a full picture.
📊 Intermarket & Seasonal Analysis: Aligns with favorable positioning and future trend targets.
⚠️ Trading Alert: News & Position Management 🚨
Avoid new trades during major news releases to dodge volatility spikes.
Use trailing Stop Loss orders to secure profits and protect open positions.
Stay updated via reliable sources like Investing.com for real-time news impacting CORN prices.
💥 Boost the Heist! 🚀
Support our Thief Trading Style by hitting the Boost Button to amplify our robbery squad’s strength! 💪 Together, we’ll swipe profits effortlessly every day. Stay tuned for the next heist plan—more riches await! 🤑🐱👤
Let’s make this CORN heist legendary! 🌽💸🎉
Bullish bounce?USO/USD is falling towards the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 60.39
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Stop loss: 57.93
Why we like it:
There is a pullback support level that aligns with the 161.8% Fibonacci extension.
Take profit: 64.42
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce for the Gold?The price is falling towards the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 3,260.13
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 3,213.54
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Take profit: 3,344.27
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
XAUUSD How VIX points to a Gold Bear Cycle.Gold (XAUUSD) may be on a 5-week correction but on the long-term it remains within a Channel Up since the October 31 2022 Low. That was essentially when its Bear Cycle ended and the new Bull Cycle (Channel Up) started.
The previous Bull Cycle stopped 4.5 months after the Volatility Index (VIX) shown in blue, peaked during the March 2020 COVID flash crash.
We are now on a similar situation as VIX topped on the week of March 31 2025 during the Trade War and has already started to decline aggressively.
In symmetrical terms, we could be around the end of May 2020 on Gold's last short-term pull-back before the final rally to the August 03 2020 Top (where its Bear Cycle started).
As a result, according to this correlation, we may see Gold forming a Bull Cycle Top by the end of July (2025) and then start a new +2 year Bear Cycle.
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Bullish momentum to extend?The Silver (XAG/USD) has reacted off the pivot and could rise to the 1st resistance which is a pullback resistance.
Pivot: 33.07
1st Support: 32.64
1st Resistance: 34.48
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearisdh reversal fro the Gold?The price is rising towards the pivot and could reverse to the 1st support, which acts as a pullback support.
Pivot: 3,358.74
1st Support: 3,257.95
1st Resistance: 3,413.48
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal?The Gold (XAU/USD) is rising towards the resistance level which is a pullback resistance that lines up with the 71% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 3,350.88
Why we like it:
There is a pullback resistance level that lines up with the 71% Fibonacci retracement.
Stop loss: 3,411.31
Why we like it:
There is a pullback resistance level.
Take profit: 3,258.51
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish momentum to extend?XAU/USD has broken out of the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could potentially rise from this level to our take profit.
Entry: 3,271.60
Why we like it:
There is an overlap resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 3,244.65
Why we like it:
There is a pullback support level.
Take profit: 3,350.94
Why we like it:
There is an overlap resistance level that aligns with the 71% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish momentum to extend?WTI Oil (XTI/USD) has bounced off the pivot and could rise to the 1st resistance, which lines up with the 61.8% Fibonacci projection.
Pivot: 60.08
1st Support: 57.68
1st Resistance: 64.63
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal for the Gold?The price is rising towards the pivot, which has been identified as an overlap resistance and could reverse to the 1st support.
Pivot: 3,263.27
1st Support: 3,124.31
1st Resistance: 3,346.25
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
XAUUSD Targeting the 1D MA100.When we looked at Gold (XAUUSD) on May 05 (see chart below), we called for a strong sell on the 1D MA50 (blue trend-line) and a 3155 Target:
Now that this target was hit and the 1D MA50 broke, we expect a short-term bearish continuation, as the last 3 times the price broke below the 1D MA50, it always hit the 1D MA100 (green trend-line).
Still, all candles since the test closed above the 1D MA50 so we need to seek a confirmation of the bearish continuation and that is the 4H MA50 (red trend-line). If rejected there, expect an instant drop. If not, the last Resistance is the top of the Channel Down. In both cases, our short-term Target is 3060.
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Bullish bounce?WTI Oil (XTI/USD) has bounced off the pivot, which acts as an overlap support that is slightly above the 50% Fibonacci retracement and could rise to the 1st resistance.
Pivot: 60.07
1st Support: 57.67
1st Resistance: 64.55
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bullish bounce?USO/USD has bounced off the support level which is an overlap support that lines up with the 38.2% Fibonacci retracement and could potentially rise from this level to our take profit.
Entry: 60.39
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 57.93
Why we like it:
There is a pullback support level that lines up with the 71% Fibonacci retracement.
Take profit: 64.14
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce off overlap support?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance.
Pivot: 59.97
1st Support: 57.60
1st Resistance: 63.27
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
XNG/USD Natural Gas Heist: Thief Style Long Entry Plan!🌍 Greetings, global treasure hunters! Ciao! Salaam! Salut! Hola! 🌍
Attention, wealth snatchers and market bandits! 💸🦹♂️
Crafted with the slick Thief Trading Style—a blend of sharp technicals and cunning fundamentals—here’s our blueprint to raid the XNG/USD Natural Gas Energy Market. Follow the chart’s game plan, locked on a long entry. Our mission? Slip out near the perilous YELLOW ATR Zone—a high-stakes trap where overbought vibes, consolidation, or trend flips empower bearish rogues. 🎯💰 “Cash out and spoil yourself, crew—you’ve earned it!” 🥂🚀
Entry 1: “The safe’s cracked! Watch for the MA breakout at 3.750, then pounce—bullish loot awaits!”
Hot tip: Set buy stop orders above the Moving Average or place buy limit orders at the latest 15/30-min swing low/high for pullback plays. 📣 Add a chart alert to nab the breakout!
Entry 2: “The caper’s live! Lurk for the MA pullback in the Grand Heist Zone at 3.300, then strike—fortune favors the bold!”
Stop Loss 🛑: “📢 Yo, crew, hear me out! 🗣️ If you’re jumping in with buy stop or limit orders, don’t set that stop loss until the breakout pops off. 💥 Play it safe and place it where I mark 📍, or go rogue if you’re feeling wild 😎—but don’t blame me if the market bites! ⚡ Your risk, your call.”
📍 Thief SL set at the nearest 4H swing low (3.400) or Grand Heist Zone SL at (3.100) for swing trades.
📍 Adjust SL based on your trade risk, lot size, and multi-order strategy.
Target 🎯: 4.220—or ghost out early if the vibe shifts.
🧲 Scalpers, eyes up! 👀 Stick to long-side scalps. Got deep pockets? Dive in now. Otherwise, join the swing traders for the big heist. Use trailing SL to lock in your haul. 💵
⛽ XNG/USD Natural Gas is buzzing with bullish heat, fueled by key drivers. ☝📰 Dig into Fundamentals, Macro Trends, COT Reports, Inventory Data, Seasonal Patterns, Sentiment Vibes, Intermarket Insights, and Future Targets. Check the full scoop here 👉🔗
⚠️ Heist Alert: News & Position Defense 🗞️🚨
News drops can shake the market like a getaway chase. To protect your stash:
Skip new trades during news hours.
Use trailing stops to guard profits and secure your escape.
💎 Back our heist crew! 💥 Smash that Boost Button 💥 to fuel our money-grabbing spree. Join the Thief Trading Style squad and swipe profits daily with swagger. 🏆🤝🎉
Catch you at the next caper—stay sharp, bandits! 🤑😼🚀
Bearish drop?The Gold (XAU/USD) has rejected off the pivot and could drop to the 1st support.
Pivot: 3,263.17
1st Support: 3,156.30
1st Resistance: 3,287.49
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off 61.8% Fibonacci support?XAU/USD is falling towards the support level, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 3,169.91
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 3,115.17
Why we like it:
There is a pullback support level that lines up with the 138.2% Fibonacci extension.
Take profit: 3,276,58
Why we like it:
There is a pullback resistance level.
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XAUUSD first time to hit the 4H MA200 in a month.Gold (XAUUSD) hit its 4H MA200 (orange trend-line) today for the first time since April 08. That was a Higher Low at the bottom of the Bullish Megaphone pattern and produced its Aril 22 All Time High (ATH).
Since then, the market has been correcting under a Lower Highs trend-line, due to the de-escalation of the Trade War and today's 4H MA200 is so far a Double Bottom on a potential Descending Triangle.
Its last Bullish Leg peaked on the 0.786 Fibonacci retracement level, so we are now turning bullish targeting 3375 (current 0.786 Fib).
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The price has a strong bearish momentum, could it drop further?WTI Oil (XTI/USD) is rising towards the pivot, which acts as an overlap resistance and could reverse to the 1st support, which is a pullback support.
Pivot: 65.43
1st Support: 55.63
1st Resistance: 71.37
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.