Community ideas
XAUUSD Has Bullish Channel breakdown ahead selling strong📉 XAUUSD Alert – Ascending Channel Breakdown Incoming!
Gold is showing strong bearish momentum following a breakdown from the ascending channel on the 1H timeframe. A solid sell entry at 3325, right at the supply zone, is looking 🔥.
🎯 Technical Targets:
1st Target: 3280 – key support
2nd Target: 3250 – deeper support zone
Watch for price action signals around the retracement area for confirmation. Bears are stepping in with force! 🐻
🗣️ Like, Follow & Comment below 💬
📲 Join us for more live updates & smart setups!
— By Livia 😜💎
Bullislh continuation?The Gold (XAU/USD) is falling towards the pivot which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce to the 1st resistance that lines up with the 100% Fibonacci projection.
Pivot: 3,374.04
1st Support: 3,348.45
1st Resistance: 3,414.78
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.
Chart Pattern: Ascending Channel / Rising WedgeChart Analysis Breakdown
:
Price Channel (Ascending):
A rising wedge or ascending channel is drawn, showing higher highs and higher lows.
The upper and lower white trendlines are converging slightly, suggesting a potential breakout or breakdown soon.
Key Support and Resistance Zones:
Orange Resistance Zone (Top Left): Marked as a supply zone where price previously reversed (around 3,420–3,430).
Orange Support Zone (Bottom Center): Around 3,320–3,330, possibly acting as demand or a retest area.
Price Levels (Right Scale):
Current price is around 3,386.36.
Several price markers are noted (green for potential bullish targets, red for bearish zones).
Projections/Scenarios (White Arrows):
Bullish Scenario: Price breaks above the upper channel line and targets levels like 3,423 or 3,440.
Bearish Scenario: Price fails at resistance, retraces back to the support zone, possibly to 3,360 or lower (near 3,320 zone).
EMA 50 (Blue Line):
An EMA (Exponential Moving Average) is lightly visible and used for trend confirmation. Price is currently above it, indicating bullish bias.
Other Chart Elements:
Time shown is UTC+3.
The local weather is 30°C and hazy.
Timestamp: June 13, 2025, at 1:35 AM.
📈 Interpretation:
The chart suggests a watch for breakout scenario in XAUUSD:
If price sustains above the rising channel, it could rally further.
If it breaks below, look for a retest of the 3,320–3,330 zone.
GOLD H1 Intraday Chart Update For 12 June 2025Hello Traders
First of all we have US CPI High Impact event due today
now market is try to testing 3400 Psychological level once it will pass 3380-86 strong resistance zone and once market will break 3400 it will move towards 3423
3350 Psychological level remains in focus for a while due to retesting RBS zone
overall 334050 zone remain solid Buying Zone for now
Also keep an eyes on US CHINA Tariff news
Middle east tensions are remains watchable for now
Disclaimer: Forex is Risky
Bearish drop?USD/JPY has rejected off the pivot which is an overlap resistance and could drop to the 1st support.
Pivot: 143.94
1st Support: 142.68
1st Resistance: 144.52
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.
GBPUSD - Still Bullish - Dont trap your self ! Hi Guyz, welcome to other episode of analysis for GBPUSD.
From our 1H chat, it is seen that as per DOW Theory, the market has broken the HL and it seems like market has entered into the bearish trend However, the catch is there is no divergence followed by the break of HL. It implies that market is taking a corrective move, which is 50 percent of FIB level. Thus, there is a formation of AB=CD harmonic pattern.
we plan our entry on the break of "B" point and projected TP in our case is "D" point.
stop loss is placed beneath HL as marked.
Continue analysis on VRACompleting my analysis of this currency from a year ago, we find that it has actually fallen, and according to the new data that has appeared, a triple flat has been formed, and a new strong fall to the area below is expected, and all the data is shown on the chart.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
PECO LONG TRADE & INVESTMENT CALL 06-06-2025PECO LONG TRADE & INVESTMENT CALL
PECO has been in an uptrend since May 2020, comprising Elliott Waves. After completing impulse waves 1 and 3, and corrective wave 2, the stock recently completed a complex corrective wave 4. Now, it's poised to start its final impulse wave 5.
The reversal from corrective wave 4 to impulse wave 5 has formed an inverted head and shoulders pattern. Wave 4 ended between the 50% to 61.8% Fibonacci retracement levels.
🚨 TECHNICAL BUY CALL – PECO🚨
- Buy 1: PKR 781.3 (current level)
- Buy 2: PKR 750
- Buy 3: PKR 725
- TP1: PKR 860
- TP2: PKR 928
- TP3: PKR 978
- TP4: PKR 1039 LONGTERM
- TP5: PKR 1108 LONGTERM
- TP6: PKR 1176 LONGTERM
STOPLOSS BELOW PKR 700 CLOSING BASIS
Risk-Reward Ratio: 1:5.8
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
6/13 Gold Analysis and Trading SignalsGood morning, everyone!
Gold rallied to around $3399 during yesterday’s session, accurately reaching our preset sell zone at 3385–3403. Since then, the market has started pulling back, and today’s opening shows signs of accelerated downside movement. However, there are several strong support zones below, with immediate focus on 3378–3368, and further support around 3352–3343.
📉 Technical Outlook:
The current price action suggests the potential formation of a Head and Shoulders pattern. If confirmed, this could trigger a deeper correction towards 3340–3330. A break of these levels would significantly weaken the current bullish structure and open further downside risk.
🌍 Fundamental Drivers:
Today’s inflation-related data releases may add significant volatility;
Additionally, stay alert to any developments in the Middle East geopolitical situation, which could quickly shift market sentiment toward risk-off if escalations occur.
📌 Today’s Trading Recommendations:
✅ Sell Zone: 3410–3420
✅ Buy Zone: 3338–3326
🔄 Intraday Key Reaction Levels:
3403 / 3378 / 3362 / 3355 / 3343
🔒 Recommendation: Market is at a technically sensitive zone. Consider entering positions in batches and maintain strict risk control.
California Resources Corporation (CRC) – Stock Analysis and ForeCalifornia Resources Corporation, a key player in crude oil production and carbon management, has recently experienced a notable uptick in investor interest.
This momentum appears to be supported by macroeconomic tailwinds, including renewed trade tensions between the United States and other major economies.
Historically, geopolitical uncertainty often leads to increased energy demand and price volatility, both of which tend to benefit domestic oil producers like CRC.
From a fundamental standpoint, investor sentiment toward CRC has grown increasingly positive. The company’s strategic positioning in California's energy transition—particularly its focus on carbon capture and storage (CCS)—is beginning to resonate more with institutional investors looking to align portfolios with sustainable yet profitable energy operations.
If these supportive fundamentals continue, there is potential for the stock to reach $56 in the coming months, assuming no major changes to current market dynamics or geopolitical influences.
Technical Outlook:
Entry Point: $44.68
Stop Loss: $42.73
Take Profit 1: $50.84
Take Profit 2: $55.88
As always, trade with care, apply proper risk management, and ensure your positions align with your overall investment strategy.
If you find this helpful, kindly follow me, subscribe, like, comment and share.
DeGRAM | BTCUSD correction from the 110k level📊 Technical Analysis
● Price has reclaimed the rising-channel median at ≈106.8 k and immediately made a higher-high on expanding volume; hourly RSI also pierced its two-week bear trend, flagging fresh upside energy.
● An ascending triangle is forming between 107 k support and a 109.5 k ceiling; its measured move coincides with the red supply/upper rail at 111.6-112 k.
💡 Fundamental Analysis
● Softer US PPI (-0.1 % m/m) dragged real 2-yr yields to one-month lows, easing dollar pressure, while spot-ETF desks soaked up another ≈4 600 BTC this week, signalling renewed institutional demand.
✨ Summary
Stay long above 107 k; triangle break over 109.5 k unlocks 111.6 k then 115 k. Long view invalidated on a 4 h close beneath 103 k.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!