Bearish reversal off major resistance?WTI Oil (XTI/USD) is rising towards the pivot, which is an overlap resistance and could reverse to the 1st support.
Pivot: 62.10
1st Support: 58.37
1st Resistance: 64.66
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
Bearish reversal off overlap resistance?WTI Oil (XTI/USD) is reacting off the pivot whic acts as an overlap resistance and could drop to the 50% Fibonacci support.
Pivot: 62.10
1st Support: 59.51
1st Resistance: 64.66
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.
USOIL H4 | Approaching Major Resistance LevelBased on the H4 chart analysis, we could see the price rise to the sell entry which is an overlap resistance and could reverse from this levle to the take profit.
Sell entry is at 61.90, which is an overlap resistance.
Stop loss: 63.54, which is a pullbakc resistance.
Take profit is at 60.10, which is a pullback support.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
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WTI OIL Strong long-term rebound incoming.Over a month ago (September 17, see chart below), we gave a strong Sell Signal on WTI Oil (USOIL) as the price was again rejected on its 1W MA50 (blue trend-line) and was headed towards the inner Higher Lows trend-line, easily hitting our $59.50 Target in the process:
Yet again we consult the more reliable long-term time-frames, now making a bullish call as the price is already rebounding this week on the Higher Lows. Given also the identical 1W RSI pattern with 2023, we expect a bounce towards at least the 0.618 Fibonacci retracement level at $69.50, same as the December 2023 - March 2024 rally.
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GOLD M30 | Bullish Reversal in ProgressThe price is reacting off the buy entry at 4,266.82, which is a pullback support that lines up with the 61.8% Fibonacci retracement and could rise from this level to the take profit.
Stop loss is at 4,223.78, whichis a pullback support that lines up with the 78.6% Fibonacci retracement.
Take profit is at 4,323.15, whichis a pullback resistance that is slightly below the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Could we see a bounce on Gold?The price is reacting off the pivot which is a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 4,271.07
1st Support: 4,226.96
1st Resistance: 4,340.84
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 continuation setup?WTI Oil (XTI/USD) is rising towards the pivot and could drop to the 1st support.
Pivot: 58.32
1st Support: 55.92
1st Resistance: 60.17
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.
GOLD Is this a Super Cycle??XAUUSD (Gold) has been rising non-stop basically since the last time it made contact with (and bounced on) the 1M MA50 (blue trend-line) two years ago (October 2023). Contrary to what many believe, a technical correction may not be coming soon as this long-term bullish trend resembles the Super Cycle that started in the early 2001.
So far Gold is within a Channel Up since 2018 and the next correction may take place well within 2026 and closer to the 3.0 Fibonacci extension. In any case, if this is indeed a new such Super Cycle, Gold represents a sound long-term investment up until at least $8000, which would be again a +660% rise from the Bear Cycle's bottom (as in the previous Cycle).
Do you think history will repeat itself?
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UKOIL M30 | Potential Bullish riseUKOIL has bounced off the buy entry aat 60.69, whichis a pullback support and could rise from this level to the upside.
Stop loss is at 59.83, which lines up with the 61.8% Fibonacci projection.
Take profit is at 62.94, which is a swing high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Understanding the Dynamics of Commodity Prices1. What Are Commodities and Why Do Their Prices Matter?
Commodities are basic raw materials or primary agricultural products that can be bought and sold, often standardized and interchangeable within the same grade. They are broadly classified into two types:
Hard Commodities – Natural resources that are mined or extracted, such as oil, gold, copper, and natural gas.
Soft Commodities – Agricultural products or livestock, such as coffee, wheat, sugar, and cotton.
Commodity prices play a pivotal role in determining the cost of goods and services. For instance, a surge in oil prices can increase transportation and manufacturing costs, leading to overall inflation. Similarly, falling food prices can influence rural incomes and consumption patterns in agricultural economies like India or Brazil. Hence, understanding commodity price dynamics is essential for policymakers, investors, and businesses alike.
2. The Law of Supply and Demand
The most fundamental principle driving commodity prices is supply and demand. When demand exceeds supply, prices rise; when supply surpasses demand, prices fall. However, in commodity markets, these shifts are rarely immediate or smooth because both supply and demand are influenced by a variety of short-term and long-term factors.
Demand Factors:
Economic Growth: Industrial expansion boosts demand for energy, metals, and agricultural commodities. For example, China’s rapid industrialization in the 2000s fueled massive demand for iron ore and copper.
Population Growth and Urbanization: As populations grow and cities expand, consumption of food, energy, and construction materials increases.
Technological Development: New technologies, such as electric vehicles, can alter demand patterns — increasing demand for lithium, nickel, and cobalt while reducing oil dependence.
Consumer Preferences: Dietary shifts (e.g., toward meat consumption) can raise demand for animal feed grains like corn and soybeans.
Supply Factors:
Production Capacity: Limited resources, mining capacity, or arable land can constrain supply.
Weather and Climate: Droughts, floods, or hurricanes can drastically affect agricultural output.
Geopolitical Stability: Wars, sanctions, and political unrest can disrupt supply chains — as seen in the Russia-Ukraine conflict’s impact on wheat and oil markets.
Technological Advancements: Improved extraction and farming techniques can enhance supply efficiency.
In the short term, commodity prices are often volatile due to mismatches between supply and demand, but over the long term, they tend to align with production costs and global consumption trends.
3. The Role of Speculation and Financialization
Commodity prices are not only determined by physical supply and demand but also by financial market participants. The rise of futures markets has enabled traders, investors, and producers to hedge risks or speculate on future price movements.
Hedgers (like farmers or oil producers) use commodity futures to lock in prices and protect against unfavorable price changes.
Speculators (like hedge funds and traders) aim to profit from price fluctuations without owning the physical commodity.
The increasing financialization of commodity markets — especially after the 2000s — has made prices more sensitive to investor sentiment, macroeconomic news, and monetary policies. When investors view commodities as a hedge against inflation or currency depreciation, inflows into commodity futures can drive prices higher, even if fundamentals remain unchanged.
For instance, during the 2008 financial crisis and the subsequent quantitative easing (QE) era, commodity prices surged due to massive liquidity inflows and the perception that commodities would protect against fiat currency debasement.
4. The Influence of Global Macroeconomic Factors
a. Inflation and Monetary Policy
Commodity prices and inflation are closely intertwined. Rising commodity prices can contribute to inflation, while inflationary environments often drive up commodity demand as investors seek real assets. Central banks’ interest rate policies also impact prices — lower interest rates tend to weaken currencies and boost commodity demand, as commodities are typically priced in U.S. dollars.
b. Exchange Rates
The U.S. dollar has a significant inverse relationship with commodity prices. A weaker dollar makes commodities cheaper for holders of other currencies, thereby increasing global demand. Conversely, a strong dollar tends to suppress commodity prices. This dynamic explains why global commodity cycles often coincide with U.S. dollar trends.
c. Economic Growth Cycles
During periods of global expansion, industries consume more energy, metals, and raw materials, leading to rising prices. Conversely, recessions dampen demand and push prices downward. For instance, the 2020 COVID-19 lockdowns led to a historic collapse in oil prices due to unprecedented demand destruction.
5. Geopolitical and Policy Influences
Geopolitics plays a critical role in shaping commodity markets. Conflicts, trade sanctions, and government interventions can create sudden disruptions in supply chains.
Oil and Energy: The Middle East remains a geopolitical hotspot. OPEC decisions, U.S. shale production policies, and conflicts in oil-producing regions significantly impact global oil prices.
Agriculture: Export restrictions, such as India’s bans on wheat or rice exports, can tighten global supplies and push prices up.
Metals and Minerals: Resource nationalism — when governments impose stricter control or taxes on mining — can influence global availability and pricing.
Government subsidies, import tariffs, and sustainability policies also play major roles. For instance, climate policies promoting renewable energy increase demand for rare earth metals used in batteries and turbines.
6. Technological and Structural Shifts
Technological evolution has always reshaped commodity markets. From mechanized agriculture to fracking and renewable energy, innovations alter both supply and demand patterns.
a. Energy Transition
The global shift toward clean energy has created new demand centers for lithium, cobalt, and nickel while threatening the long-term dominance of oil and coal. As renewable energy storage technologies mature, price dynamics will increasingly hinge on battery metals and hydrogen.
b. Agricultural Technology
Precision farming, genetically modified crops, and irrigation technologies improve crop yields and reduce volatility caused by weather. However, climate change continues to pose challenges, potentially offsetting technological gains.
c. Automation and AI in Mining
Modern mining operations use AI and automation to improve efficiency, lower costs, and predict supply bottlenecks, influencing commodity production levels and price stability.
7. Cyclical Nature of Commodity Prices
Commodity prices often move in cycles driven by investment patterns, production responses, and economic demand. These are typically referred to as commodity supercycles — extended periods of high or low prices lasting several years or decades.
During boom phases, high prices encourage producers to expand capacity. However, this expansion eventually leads to oversupply, causing prices to fall and triggering a bust. The mining and oil industries are especially prone to such cycles because of their long investment timelines and capital intensity.
Historically, commodity supercycles have coincided with major industrialization phases:
Early 1900s: U.S. and European industrial expansion.
1970s: Oil shocks and rapid inflation.
2000–2010s: Chinese industrial boom.
Currently, the world may be entering a green transition supercycle, driven by demand for renewable energy materials.
8. The Impact of Climate Change and Sustainability
Climate change has become a defining factor in commodity markets. Extreme weather events — droughts, floods, hurricanes — directly disrupt agricultural and energy production. Additionally, global efforts to reduce carbon emissions are reshaping investment flows and consumption patterns.
a. Carbon Pricing and Regulations
Carbon taxes and emission caps influence fossil fuel demand and promote renewable energy investments, altering long-term price structures.
b. ESG Investing
Environmental, Social, and Governance (ESG) considerations are pushing investors to favor sustainable commodities, leading to increased capital flow into green metals and ethically sourced materials.
c. Agricultural Vulnerability
Global warming threatens crop yields and water availability, making food prices more volatile and raising concerns about food security.
9. Role of Emerging Markets
Emerging markets play a dual role as both producers and consumers in global commodity markets. Nations like Brazil, Russia, India, China, and South Africa (BRICS) collectively dominate global production of energy and raw materials while driving consumption through industrialization and population growth.
For example:
China is the world’s largest consumer of metals.
India is one of the biggest importers of oil and gold.
Brazil and Russia are major exporters of agricultural and energy commodities.
Economic growth in these countries exerts a significant influence on global commodity demand and prices.
10. Understanding Price Volatility
Commodity prices are notoriously volatile because they are sensitive to short-term disruptions. Factors such as weather anomalies, policy announcements, or currency fluctuations can cause sharp price swings. Volatility is further amplified by speculative trading, algorithmic strategies, and investor sentiment.
To manage volatility, producers and consumers rely on hedging instruments — futures, options, and swaps — while policymakers use strategic reserves to stabilize domestic markets. Despite these tools, unforeseen events like the COVID-19 pandemic or Russia-Ukraine conflict demonstrate that commodity markets remain inherently unpredictable.
11. Future Outlook: The Evolving Commodity Landscape
The future of commodity pricing is being shaped by three powerful trends:
Energy Transition: The global shift toward clean and renewable energy will redefine demand for fossil fuels and boost prices for critical minerals.
Digitalization: Blockchain and data analytics are improving transparency, traceability, and efficiency in commodity trading.
Geopolitical Realignments: Emerging economic blocs and supply chain diversification are reshaping trade patterns, potentially reducing global dependency on a few key producers.
In the coming decade, commodity markets will likely see more structural shifts than cyclical ones, driven by sustainability imperatives and technological innovation.
Conclusion
Understanding the dynamics of commodity prices requires a holistic view that integrates economics, geopolitics, technology, and psychology. Commodity markets are not just about physical goods — they are a reflection of global growth, investor sentiment, and policy directions.
From oil shocks to green energy booms, the forces shaping commodity prices evolve continuously. As the world transitions to a more sustainable and digitally interconnected economy, commodities will remain both a foundation of global trade and a mirror of broader economic transformation.
In essence, mastering the dynamics of commodity prices means understanding the pulse of the world economy itself.
Gold at Risk of Pullback as Rising Wedge Pattern Emerges!Gold Technical Update (15-Min Timeframe)
Gold is forming a Rising Wedge pattern.
Resistance zone: 128600 – 128800.
If the resistance zone holds, selling pressure may increase.
The pattern indicates a potential downside move if price breaks below the lower trendline.
Traders should watch for a breakdown confirmation before taking any fresh positions.
USOIL H4 | Bearish Continuation SetupUSOIL is rising towards the sell entry which is an overlap resistance that aligns with hte 50% Fibonacci retracement and could reverse from this level to the downside.
Sell entry is at 60.40, which is an overlap resistance that lines up with he 50% Fibonacci retracement.
Stop loss is at 61.91, which is a pullback resistance.
Take profit is at 57.63, whichis a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com/en ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Heading into 50% Fibonacci resistance?WTI Oil (XTI/USD) is rising towards the pivot which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse to the 1st support.
Pivot: 60.56
1st Support: 57.68
1st Resistance: 62.10
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 Looking for a quick relief pull-back.Gold (XAUUSD) has been trading within a 1-month Channel Up supported by its 4H MA50 (blue trend-line) and today hit the top (Higher Highs trend-line) of the pattern.
This Bullish Leg has completed a +4.45% rise, almost similar to the first two of the pattern. They both pulled back to their respective 0.382 Fibonacci retracement levels after the Higher High, so as long as the pattern's top holds, we expect a quick correction to $4055 (Fib 0.382).
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UKOIL H4 | Falling Towards Fibonacci Confluence LevelUKOIL is falling towards the buy entry at 62.35, which lines up with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection and could bounce from this level to the take profit.
Stop loss is at 61.32, which lines up with the 78.6% Fibonacci projection.
Take profit is at 64.20, which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USOIL H4 | Bearish Drop OffUSOIL is reacting off the sell entry, which is a pullback resistance and could drop from this level to the downside.
Sell entry is at 61.50, which is a pullback resistance.
Stop loss is at 62.71, which is a pullback resistance.
Take profit is at 59.16, which lines up with the 161.8% Fibonacci extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
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XAUUSD M30 | Bullish riseGold (XAU/USD) is reacting off the buy entry at 4,000.37, which is a pullback support and could potentially rise from this level to the upside.
Stop loss is at 3,950.65, which is a multi-swing low support.
Take profit is at 4,056.76, which is a multi swing high resistance.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
SILVER made new ATH. Multi-year Bear Cycle starting.Last time we took a look at Silver (XAGUSD) (August 22, see chart below), we had a clear buy signal on its 1D MA50 at the bottom of the Channel Up, that quickly hit our 4050 Target:
The pattern even broke aggressively upwards and this week crossed the 49.9400 Resistance, which is the All Time High (ATH) from April 18 2011. Essentially that was also the High of the long forgotten January 1980 Top!
Needless to say, cyclical behavior indicates that this is where the market sells and starts new multi-year (2-3) Bear Cycles. The 1W RSI comes to confirm that, as it is only a few points off he 88.80 Resistance, which has been the ultimate sell signal since 1987.
We expect the market to decline to at least the 0.618 Fibonacci retracement level at 20.500, which is also where the first key Higher Lows trend-line (dashed) is.
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USOIL H4 | Bullish Reversal at Key SupportBased on the H4 chart analysis, we can see that the price has bounced off the buy entry, which is an overlap support that aligns with the 38.2% Fibonacci retracement and could rise from this level to the upside.
Buy entry is at 61.60, which is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 60.22, whic is a swing low support.
Take profit is at 63.69, which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bullish rebound at major support level?WTI Oil (XTI/USD) has bounced off the pivot, which has been identified as an overlap support that lines up with the 38.2% Fibonacci retracement and could rise to the 1st resistance.
Pivot: 62.05
1st Support: 60.62
1st Resistance: 64.70
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 major support?USO/USD has bounced off the support level, which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 61.99
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 60.58
Why we like it:
There is a swing low support level.
Take profit: 64.07
Why we like it:
There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement.
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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.
UKOIL H1 | Bullish Momentum BuildingBased on the H1 chart analysis, we could see the price reacting off the buy entry, which is a pullback support, and a bounce from this level could lead the price to rise to the upside.
Buy entry is at 65.77, which is a pullback support.
Stop loss is at 64.97, which is an overlap support.
Take profit is at 67.13, which is a pullback resistance that is slightly below the 50% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USOIL H4 | Bullish Reversal Forming at Key Support LevelUSOIL is reacting off the buy entry, which is an overlap support and could potentially rise from this level to the take profit.
Buy entry is at 61.72, which his an overlap support.
Stop loss is at 60.40, which is a pullback support.
Take profit is at 63.78, which is a pullback resistance that is slightly above the 50% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.






















