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Harmonic Patterns

Bullish bounce off 38.2% Fibonacci support?The Aussie (AUD/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 0.6483 1st Support: 0.6447 1st Resistance: 0.6537 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.
Long
by ICmarkets
Bearish reversal off pullback resistance?The Loonie (USD/CAD) is rising towards the pivot and could drop to the 1st support whcih is a pullback support. Pivot: 1.3733 1st Support: 1.3650 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.
Short
by ICmarkets
GOLD 3HR CHARTRelationship Between Gold, Dollar (DXY), Bond Prices, and 10-Year Bond Yields GOLD ,early sell dropped price from 3328.9 to 3304 .the 3304 align with the ascending trendline and currently trading at 3320.break and close of the demand floor will push for more sell to around 3270-3268 1. Gold and the Dollar (DXY) Gold is priced in U.S. dollars, so there is a strong inverse relationship between gold prices and the dollar index (DXY). When the DXY strengthens, gold becomes more expensive for holders of other currencies, reducing demand and pushing gold prices down. Recently, gold prices dipped about 0.4% to around $3,294/oz as the DXY shed 0.3%, reflecting a cautious market awaiting U.S.-China trade talks and reacting to stronger U.S. jobs data that tempered expectations of Fed rate cuts. 2. Gold and 10-Year Bond Yields The 10-year U.S. Treasury yield and gold generally have an inverse relationship. Rising yields increase the opportunity cost of holding non-yielding gold, making bonds more attractive. However, both gold and bond yields can rise simultaneously during inflationary periods or economic uncertainty, reflecting inflation expectations and safe-haven demand. Recent data shows yields near 4.5%, with gold holding elevated levels above $3,300 and attempted 3328 on monday before dropping due to inflation concerns and geopolitical risks, despite some downward pressure from rising yields. 3. Gold and Bond Prices Bond prices move inversely to yields; when yields rise, bond prices fall. Falling bond prices (rising yields) often signal inflation or risk concerns, which can boost gold as an inflation hedge. Yet, rising yields also raise the opportunity cost of holding gold, which can cap gold’s upside. This dynamic explains why the correlation between gold and bond yields has weakened recently, sometimes showing near-zero correlation . 4. Macro and Market Drivers Inflation and Safe-Haven Demand: Persistent inflation and geopolitical tensions (e.g., U.S.-China trade talks) support gold demand despite dollar strength and rising yields. Central Bank Buying: Central banks remain significant gold buyers, underpinning long-term price support. Economic Data and Fed Policy: Strong U.S. jobs reports reduce expectations of Fed rate cuts, pushing yields up and dollar strength, which can pressure gold short term. Conclusion Gold prices in June 2025 are influenced by a complex interplay of factors: a slightly weaker dollar recently has supported gold, but rising 10-year Treasury yields and falling bond prices exert downward pressure. Inflation concerns and geopolitical risks continue to underpin gold’s appeal as a safe haven and inflation hedge. The usual inverse relationship between gold and bond yields has weakened recently, reflecting evolving market dynamics and the balance between inflation expectations and real yields. #gold #dollar
PYTH:XAUUSDLong
by Shavyfxhub
Potential bullish rise?USD/JPY has bounced off the pivot and could rise to the 1st resistance, which acts as a pullback resistance. Pivot: 144.29 1st Support: 143.28 1st Resistance: 146.17 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.
Long
by ICmarkets
sand buy spot "🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
Bearish breakout?The Cable (GBP/USD) is falling towards the pivot, which is an overlap support, and could bounce to the 1st resistance which is a pullback resistance. Pivot: 1.3505 1st Support: 1.3415 1st Resistance: 1.3581 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.
Long
by ICmarkets
Bullish bounce?US Dollar Index (DXY) has bounced off the pivot which lines up with the 50% Fibonacci retracement and could rise to the 1st resistance. Pivot: 98.91 1st Support: 98.36 1st Resistance: 99.60 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.
TVC:DXYLong
by ICmarkets
1
GBPUSDHello Traders! 👋 What are your thoughts on GBPUSD? GBP/USD has reached a key resistance zone and is currently trading below it. A bearish divergence has also formed, signaling potential weakness in bullish momentum. Given the confluence of resistance and negative divergence, we expect the price to struggle breaking above this level and likely decline toward the specified support zones. Unless price breaks above the resistance decisively, the bias remains bearish in the short term. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
7
GBPUSD H1 I Bearish Reversal Based on the H1 chart, the price is approaching our sell entry level at 1.3547, a pullback resistance. Our take profit is set at 1.3518, an overlap support. The stop loss is set at 1.3567, an overlap 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. 63% 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. 63% 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.
Short
by Tradu
EIRISD H1 I Bearish Reversal Based on the H1 chart, the price is rising toward our sell entry level at 1.1418, a pullback resistance. Our take profit is set at 1.1379, a swing low support. The stop loss is set at 1.1456, 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. 63% 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. 63% 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.
Short
by Tradu
GOLD/USD expected to fall to a final target marked further down The chart shows a harmonic pattern (possibly a Gartley or Bat pattern), labeled with the points X, A, B, C, D. This suggests a potential reversal zone around point D. Fibonacci ratios are visible between the segments (e.g., 0.569, 1.495, 0.656), which are typically used in harmonic trading to validate the structure. 3. Price Levels: Current price levels are: Sell: 3,316.766 Buy: 3,317.136 The price is located just below a resistance zone, with an apparent support zone below. 4. Support and Resistance: Several horizontal support and resistance zones are marked on the chart. A key support level is noted, below which the price is expected to fall to a “final target” marked further down. 5. Projection: A projected path is drawn in black, showing potential short-term consolidation or retracement before a drop to the final target area (around 3,150.000 or lower). 6. Additional Interface Details: The platform in use is TradingView. The date range shown is from early April to mid-June 2025. The final arrow indicates a bearish outlook. Interpretation: This chart suggests a bearish trading plan for XAU/USD based on the harmonic pattern and key price levels. The trader appears to expect a retracement followed by a significant drop, possibly targeting the area labeled as “final target.”
TVC:GOLDShort
by Johnson67
Bullish continuation?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 2,364.01 1st Support: 2,548.35 1st Resistance: 2,788.17 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.
ICMARKETS:ETHUSDLong
by ICmarkets
1