Harmonic Patterns
#SEI/USDT#SEI
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 0.2942.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.3062
First target: 0.3151
Second target: 0.3290
Third target: 0.3421
Gold price 3290 long and short life and death lineGold price 3290 long and short life and death line
1. Gold price plummeted 2%, falling back to the 60-day moving average
Price dynamics: Spot gold plummeted 2% on Tuesday (June 24), hitting a low of $3295.38/ounce, a new low since June 9, and finally closed at $3322.93/ounce.
In the early Asian trading day on Wednesday, the price of gold fluctuated narrowly around $3323.
Key support level: The 60-day moving average support is at $3290. If it falls below, it may fall further to $3250.
2. The main reason for the decline: the ceasefire in the Middle East + the hawkish signal of the Federal Reserve
The situation in the Middle East has eased:
Iran and Israel announced a ceasefire, which weakened the safe-haven demand for gold.
Market sentiment turned to risk appetite, global stock markets rose, and gold was under pressure.
Powell postpones rate cut expectations:
Fed Chairman Powell said that more time is needed to observe the impact of tariffs on inflation, and the possibility of a rate cut in July is reduced. The market expects the first rate cut to be on September 15.
3. Technical analysis
Short-term trend: Gold prices test the 50-day moving average ($3,317) support level.
If it falls below, it may fall to the $3,290-3,250 range.
Currently, gold prices are rising and encountering resistance in the 3330-3340 range.
If it breaks through, gold prices may rise to the $3360-3380 range.
Moving average system:
The 50-day moving average ($3317) and the 60-day moving average ($3290) form a short-term support band.
If the closing price falls below $3290, the daily level "double top" pattern will be confirmed (the neckline is at $3290 and the target is around $3050).
4-hour chart (short-term momentum)
Key resistance:
$3,340 (previous low turned into resistance)
$3,365 (Fibonacci 38.2% retracement)
Downward channel:
Prices have been running along the downward channel since June 22.
Upper rail pressure level: $3,350
Lower rail support: $3,280.
RSI divergence: The price hit a new low but the RSI did not break the previous low, suggesting that there may be an oversold rebound in the short term.
1-hour chart (intraday trading)
Short-term support: $3,310 (Asian session low), if it falls below, it will accelerate the test of 3,290.
Fractal structure: If it breaks through $3,335 (Asian session high), it may trigger short-covering to $3,345.
Trading strategy recommendations:
1: Continue to be long at low prices
2: Entry range: 3305-3315
3: Stop loss range: 3285-3295
4: Target range: 3355-3380
Macro perspective: Gold is in a key trend decision window, and $3290 is the life and death line for both long and short sides
4. Market sentiment analysis:
1): Although the Middle East ceasefire agreement is fragile, safe-haven funds will flow out of gold in the short term.
2): Inflation and policy game: If US tariffs push up inflation, it may re-boost gold's anti-inflation demand.
3): Long-term support factors: Central bank gold purchases, a weaker dollar, and geopolitical uncertainties may still support gold prices.
5. Today's focus: Powell's Senate testimony: If a tough stance is maintained, gold prices may continue to be under pressure.
US economic data: including new home sales, PCE inflation data, etc.
Bearish drop?The Gold (XAU/USD) is rising towards the pivot, which has been identified as an overlap resistance, and could drop to the 1st support, acting as a pullback support.
Pivot: 3,339.40
1st Support: 3,297.74
1st Resistance: 3,389.16
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 1H | Harmonic AB=CD | Sentiment Reversal in PlayGold has formed a clean Harmonic AB=CD Pattern, with price currently sitting at the PRZ (Potential Reversal Zone). This aligns with technical expectations for a possible bullish shift.
🗓️ The recent sharp sell-off in Gold was heavily influenced by the ongoing Iran-Israel conflict, triggering fear, panic, and speculative selling. Despite Gold's fundamentally bullish bias as a safe-haven asset, market sentiment overpowered fundamentals in the short term.
🔍 On the 30min LTF, we have a crystal-clear Bullish Divergence on RSI, adding further confluence that downside momentum is weakening, and a corrective reversal may unfold from this area.
Bias:
✅ Harmonic AB=CD complete — PRZ active
✅ LTF Bullish Divergence (30m) confirmed
✅ Price action showing exhaustion at key support
✅ Expecting potential bullish reaction and relief rally
⚠️ As always, waiting for confirmation with proper risk management. Market remains sensitive to geopolitical headlines.
💡 DYOR — Do Your Own Research before executing trades.
Bullish bounce off pullback support?The Loonie (USD/CAD) has bounced of the pivot and could rise to the 1st resistance which acts as a pullback resistance.
Pivot: 1.3674
1st Support: 1.3599
1st Resistance: 1.3793
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.
Bullish bounce?USD/JPY is falling towards the pivot which is an overlap support and could bounce to the 1st resistance that lines up with the 23.6% Fibonacci retracement.
Pivot: 144.35
1st Support: 143.09
1st Resistance: 145.29
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 off pullback resistance?The Cable (GBP/USD) is reacting off the pivot and could drop to the 1st support which is a pullback support.
Pivot: 1.3632
1st Support: 1.3533
1st Resistance: 1.2711
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.
Could the Fiber reverse from here?The price is reacting off the pivot which is a pullback resistance and could drop from this level to the 1st 50% Fibonacci support.
Pivot: 1.1631
1st Support: 1.1552
1st Resistance: 1.1677
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.
Overlap resistance ahead?The US Dollar Index (DXY) is rising towards the pivot, which is an overlap resistance and could reverse to the 1st support that lines up with the 127.2% Fibonacci extension.
Pivot: 98.50
1st Support: 97.21
1st Resistance: 99.30
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?Ethereum (ETH/USD) is reacting off the pivot and could drop to the 1st support.
Pivot: 2,468.15
1st Support: 2,173.62
1st Resistance: 2,651.84
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.
Bullish bounce?The Bitcoin (BTC/USD) is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 103,943.66
1st Support: 101.141.44
1st Resistance: 108,761.68
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.
ACE/USDT – Breaking Out of the Falling Wedge? Potential Reversal📝 Technical Analysis Overview:
The ACE/USDT pair on the daily timeframe (1D – Binance) is showing signs of a potential breakout from a long-standing falling wedge pattern, suggesting a possible trend reversal to the upside.
🔍 Key Technical Highlights:
1. Falling Wedge Pattern:
A clearly defined falling wedge has formed from the December 2024 peak near $3.742, down to the current consolidation zone between $0.425–$0.514.
This yellow support box represents a strong demand zone, with repeated price reactions since April 2025.
2. Major Support and Resistance Levels:
Strong Support: $0.425 – $0.514 (accumulation zone)
Potential Resistance / Upside Targets:
$0.622
$0.756
$1.053
$1.339
$1.703
$2.254
$2.882
$3.623 (just below the previous high at $3.742)
3. Bullish Breakout Scenario:
A confirmed breakout above the descending trendline and resistance at $0.622 could trigger a bullish move toward higher targets.
The first key breakout confirmation would be a daily close above $0.756 with increasing volume.
4. Early Signals & Validation:
A breakout with strong momentum followed by a successful retest of the trendline would validate the bullish setup.
Watch for high volume and candle structure during the breakout phase to avoid fakeouts.
📌 Summary:
ACE is currently testing the final stage of a bullish falling wedge. A successful breakout could lead to a strong trend reversal with targets beyond $1.0 and higher. This setup offers a good risk/reward opportunity for bullish traders—confirmation is key.
COTI/USDT Weekly Analysis – Potential Macro Reversal in PlayThe chart displays a long-term downtrend structure for COTI/USDT, yet a significant accumulation zone is forming around the $0.036–$0.045 range (highlighted in yellow). This area has acted as a key support level multiple times since 2021, suggesting strong demand and a potential bottoming pattern.
🔍 Key Observations:
Macro Support Zone:
Price is currently trading within a strong historical support zone between $0.03607 (multi-year low) and $0.04500, where buyers have consistently stepped in over the past few years.
Potential Reversal Path:
The projected yellow path indicates a bullish scenario with a potential rally from current levels toward a series of resistance levels if a reversal is confirmed.
Major Resistance Levels to Watch:
$0.05046 – Minor local resistance
$0.06500 – Psychological resistance
$0.07403 – Structural level
$0.08998 – Previous rejection zone
$0.12000 – Psychological mid-range target
$0.13210 – Prior support turned resistance
$0.16000–$0.25207 – Key macro targets
$0.46767–$0.69400 – Long-term bullish targets if momentum continues
Bullish Breakout Triggers:
A confirmed breakout above $0.065–$0.074 may trigger momentum-based entries, especially if volume supports the breakout. Sustained price action above $0.12 would further validate the bullish trend reversal.
📉 Risk Management:
This setup is still speculative until a clear reversal structure forms on the weekly timeframe. Invalidation of the setup occurs if weekly candle closes decisively below $0.036.
Conclusion: COTI is currently at a pivotal zone. While the broader trend has been bearish, the current setup offers an attractive risk/reward for mid to long-term bulls if reversal confirmation appears. Watch for bullish weekly structure and volume expansion to validate the thesis.
AUDUSD – Swing Point Failure Sell Setup (AUTH Model)AUDUSD just rejected from a significant swing point — not by accident, but through exhaustion. Price tapped into residual liquidity, failed to break continuation structure, and is now reverting to the dominant bias.
Market Breakdown
• Swing Failure: Price attempted to reverse at a key swing high but failed to hold. This is not a pause — it’s a confirmation of bearish control
• AUTH Context: Liquidity was swept above the swing, triggering a sell-side response
• Structure: Clean rejection wick + lower timeframe shift confirms bearish entry logic
• Bias: Weekly and H4 remain bearish, with price likely to return toward value and imbalance zones
Execution Logic
• Entry: After confirmation (internal structure break or supply wick)
• Invalidation: Hold above the failed swing = setup void
• Target: Move into inefficiency, previous demand zones, or deeper support structure
Worldcoin (WLD/USDT) Breakout Potential – Bullish Setup in PlayThis chart illustrates a potential breakout setup for Worldcoin (WLD) against USDT on the 2-day timeframe (2D), published on June 25, 2025. Key technical insights are as follows:
🔍 Technical Structure:
Strong support zone (accumulation area): Formed in the range of $0.9300 – $0.5728 (highlighted in yellow box). Price is currently consolidating within this zone, which has been tested multiple times and held, indicating a potential bottom formation.
Descending trendline: Has been broken with a bullish candle, suggesting an early signal of a potential trend reversal from bearish to bullish.
Key resistance levels (potential targets):
$1.4824 – initial breakout validation level
$2.4242 – mid-term resistance
$3.8198 – psychological and previous distribution zone
$6.0189 – major resistance before ATH
$10.7997 – $11.9650 – All Time High zone
📈 Projected Price Movement:
Bullish scenario depicted:
1. A possible retest of the breakout zone around $0.93
2. Gradual price rally toward $1.48 and $2.42 as initial targets
3. If momentum and volume support the move, a further rally toward $3.81 and $6.01 is possible
4. Ultimate long-term target lies near previous highs at $10.79–$11.96
💡 Additional Notes:
This setup is still unconfirmed and requires further breakout confirmation and supporting volume for reliability.
Trade remains high risk, as price is still near the final support zone before potential breakdown.
BTCUSDT – Rebound from trendline, targeting 115,300On the daily chart, BTCUSDT has bounced from a confluence support zone around 105,200, where the rising trendline meets the FVG, confirming that the bullish structure remains intact. The current price pattern suggests a continuation of the uptrend, with a short-term target at the 115,300 resistance zone — a level that has previously rejected price multiple times.
If this level is broken, momentum could extend toward the 120,000 area in the medium term. As long as the price holds above the trendline, the bullish outlook remains valid.
On the news front, market sentiment is improving as Bitcoin spot ETFs in the U.S. show signs of renewed inflows, coupled with growing expectations that the Fed might pause rate hikes due to recent signs of economic weakness.
#Nifty directions and levels for June 25:Good morning, Friends! 🌞
Here are the market directions and levels for June 25:
Market Overview
The global market is showing bullish sentiment, while our local market is still maintaining a moderately bullish bias.
However, Gift Nifty is indicating a positive start of 103 points today.
So, what can we expect today?
Once again, the same thing happened in the previous session — even though the market started with a positive bias, it couldn't sustain.
Structurally, we are still in a range-bound market,
so even if the market opens positive, we can expect a correction at some point.
Let’s look at the chart for more clarity.
Both Nifty and Bank Nifty appear to be showing a similar structure.
Current View
The current structure suggests that even if the market opens with a gap-up, it may not sustain.
If the initial market declines and consolidates around the 78% Fibonacci level, then we can expect the correction to continue.
On the other hand, if the decline sees a solid pullback around 24,968, then we can expect a minimum pullback of 38% to 61% in the minor swing.
Alternate View
Structurally, the probability of a rally continuation is low,
which means we won’t get a bullish signal unless the price breaks above the 78%,level.
If it does break, we can expect a rally, though some rejections may occur along the way.
#Banknifty directions and levels for June 25:Current View
The current structure suggests that even if the market opens with a gap-up, it may not sustain.
If the initial market declines and consolidates around the 78% Fibonacci level, then we can expect the correction to continue.
On the other hand, if the decline sees a solid pullback around 50%, then we can expect a minimum pullback of 38% to 61% in the minor swing.
Alternate View
Structurally, the probability of a rally continuation is low,
which means we won’t get a bullish signal unless the price breaks above the 56736)level.
If it does break, we can expect a rally, though some rejections may occur along the way.