Copper (XCU) Bullish Pullback: Buy the Dip!Copper (XCU) remains bullish, with a retracement offering a buy opportunity at the 0.5 or 0.618 Fibonacci levels—if no divergence forms. Watch for bullish confirmation signals and set stop-losses below 0.618 or recent lows. If divergence appears, exit or avoid new positions. Upside targets: previous highs and Fibonacci extensions (1.272 or 1.618).
Metals
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Following on from yesterdays update, after clearing 2867, 2894 and 2924, we had no further cross and lock confirming the rejection for the move down into the lower Goldturns.
We then stated that the lower Goldturns are providing support for the bounce and establishing a range between 2867 and 2924 and we will look for a test and cross and lock on either level to determine the next range.
- This is still playing out, between the range we heighted, allowing us to safely buy dips.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2867 - DONE
EMA5 CROSS AND LOCK ABOVE 2867 WILL OPEN THE FOLLOWING BULLISH TARGET
2894 - DONE
EMA5 CROSS AND LOCK ABOVE 2894 WILL OPEN THE FOLLOWING BULLISH TARGET
2924 - DONE
EMA5 CROSS AND LOCK ABOVE 2924 WILL OPEN THE FOLLOWING BULLISH TARGET
2952
EMA5 CROSS AND LOCK ABOVE 2952 WILL OPEN THE FOLLOWING BULLISH TARGET
2979
BEARISH TARGETS
2833
EMA5 CROSS AND LOCK BELOW 2833 WILL OPEN THE FOLLOWING BEARISH TARGET
2800
EMA5 CROSS AND LOCK BELOW 2800 WILL OPEN THE SWING RANGE
SWING RANGE
2771 - 2743
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Silver bullish flag continuation pattern formingThe Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The price action creates a sequence of higher highs and higher lows. The recent consolidation appears to be forming a bullish flag continuation pattern.
The key trading level is at 3171, which is the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 3171 level could target the upside resistance at 3274 followed by the 3308 and 3340 levels over the longer timeframe.
Alternatively, a confirmed loss of 3171 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 3125 support level followed by 3076.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold NEW ATH to $2,912?! (VIDEO ANALYSIS)4H chart has hit our resistance zone & rejected. But, on the smaller TF we're currently seeing a re-distribution schematic play out on Gold ahead of its sell off which means we MIGHT see 1 more new ATH. Re-distribution schematics normally take place in between Wave 3 high, Wave 4 low & Wave 5 high.
This sell off schematic normally builds up within a 'Flat Correction' channel, which traps in early sellers & late buyers into the market. This is why it's a hard pattern to recognise.
⭕️POI 1: $2,857 - $2,848
⭕️POI 2: $2,826 - $2,817
Gold at $2,918 – Breakout to New ATH or Correction Ahead?Gold (XAUUSD) Technical Analysis
Gold is trading near $2,918, a key pivot level. A breakout or rejection at this level will define the next move.
🔑 Key Levels
📌 Pivot Point: 2918
📈 Resistance Levels: 2934, 2956, 2974
📉 Support Levels: 2896, 2880, 2872
Market Outlook:
A confirmed 4H candle close above 2,918 will push gold toward 2,934 and 2,956, with a possible retest of the ATH at 2,974.
A failure to hold 2,918 may trigger a correction toward 2,896 and 2,880.
💬 Will Gold break above 2,918 or correct lower? Drop your thoughts below! 👇🔥
XAU/USD : Important Zones for BUY and SELL ! (READ THE CAPTION)By analyzing the 30-minute gold chart, we can see that gold continued its bullish momentum yesterday, reaching a new all-time high at $2,942, as expected from our previous analysis. It was still too early to anticipate a correction, and the strong momentum pushed the price higher.
Currently, gold is trading around $2,900, and I expect the price to dip below $2,896 soon to collect liquidity before we assess its reaction to this level.
Additionally, there is an FVG between $2,929 and $2,934, which I expect to be filled soon as price moves higher. Keep a close watch on how gold reacts at this level for potential SELL setups.
The key BUY zones to consider are $2,875, $2,866, and $2,856.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Gold to $3,000? Key Levels to Watch-XAU/USD AnalysisGold has been on a tear lately, pushing up towards $2,942, and the big question now is: Do we see a pullback, or is $3,000+ on the horizon?
Here’s what I’m watching:
🔹 $2,942 – Key resistance level. If we break above, momentum could take us straight to $3,000.
🔹 $2,875 – A potential pullback zone where buyers might step in before another leg up.
Markets are moving fast, and this could get interesting. Are you bullish or bearish on gold right now? Drop your thoughts below! 👇
Kris/Mindbloome Exchange
Trade Smarter Live Better
Trade Idea : XAUUSD Short ( MARKET)Analysis Summary:
• Daily Chart: Strong uptrend but overbought (RSI 76.73). Potential for a pullback.
• 15-Min Chart: Price has lost momentum, MACD is flattening.
• 3-Min Chart: Recent price action shows rejection near $2919-$2920 with weakening bullish momentum.
Given the overbought daily RSI, loss of momentum on the lower timeframes, and potential profit-taking, a short trade is the highest-probability setup.
Trade Setup:
• Entry: $2915 (Near resistance & rejection area)
• Stop Loss (SL): $2923 (Above local highs for protection)
• Take Profit (TP): $2899 (2:1 Risk-Reward Ratio)
FUSIONMARKETS:XAUUSD
Could optimism on Ukraine undermine gold?I think there is a good case for gold to correct itself in the not-too-distant future, but a confirmed reversal stick needs to be formed for me to turn bearish on XAU in short-term outlook.
With Trump declaring that he will end the wars in the Gaza and Ukraine, one could argue that haven demand is going to drop back if he achieves those goals. What’s more, his protectionist and spending policies could keep US inflation elevated, pushing back rate cut expectations and supporting bond yields. Today’s hot PPI figures certainly point that way.
But for now, strong bullish momentum prevails, and traders are largely ignoring these considerations.
For now, dips continue to be bought in gold, as they have done so for a long time now. It is a mix of factors – ongoing geopolitical uncertainties, inflation concerns, central bank easing, and steady demand from central banks and retail investors – all combining to maintain the bullish trend.
Let’s see if in the coming days that trend changes.
By Fawad Razaqzada, market analyst with FOREX.com
SPY/QQQ Plan Your Trade for 2-13: Harami Inside PatternToday's pattern is a Harami Inside pattern. This suggests the markets will stay rather muted today - attempting to stay within yesterday's high/low range.
I believe the markets are still struggling to identify a channel that will ultimately break to the downside.
You'll see in this video why I believe the markets are struggling and will attempt to confirm the multiple Excess Phase Peak patterns over the next 20+ days - attempting to move downward.
But, we do have a very interesting FLAG/CHANNEL setup on the NQ, which is somewhat confirmed on the ES.
What I can guarantee is that we will see extreme volatility over the next 20-30+ days as price moves into the Flag Apex - attempting to break away from the Apex level.
Thank you for all your support and understanding yesterday. Dad is good. No issues.
The VA out here is great (Long Beach). Probably the best center for spinal recovery in the US. I love the people up there and how they take care of my father.
I urge everyone to stay cautious until the end of this week. As you know, I expect a breakdown into new lows.
We'll see if it plays out as I expect over the next week+.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Gold Bullish Setup | Demand Zone Rejection & Upside Potential📈 Bullish Setup:
The price recently touched a demand zone (orange box) and reacted upward.
A large blue arrow indicates an expectation for price to rise towards the target area (gray box).
📊 Technical Indicators:
200 EMA (red line) at 2,894.263: The price is hovering around this level, which could act as dynamic support.
Current Price: 2,897.660: Above the EMA, indicating a possible short-term bullish momentum.
Key Support: 2,889.708 (orange label): If price breaks below, bullish bias might weaken.
🚀 Potential Trade Idea:
Entry Zone: Around 2,895–2,897 (just above demand).
Target: 2,912 (upper resistance).
Stop Loss: Below 2,889.
DeGRAM | GOLD correction after retest of the channelGOLD is in an ascending channel between the trend lines.
The price is moving from the upper boundary of the channel and is now holding under the resistance level.
We expect the correction to continue.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
XAUUSD: Short-term strategy on February 13Technical analysis of spot gold
Daily resistance 2950, support below 2852
Four-hour resistance 2950, support below 2896
The previous suggestion to buy at 2910 has risen to 2918.
Gold operation suggestions: Yesterday, gold fluctuated downward in the Asian and European sessions. During the CPI period, the price fell to 2864 and then started to counterattack. As of today, the highest point has risen to 2922. Judging from yesterday's trend, the first half of the market was running well, and a deep V rebound occurred in the NY market. From the current market, the daily chart shows signs of a V-shaped pattern. Yesterday's bottoming and rebounding directly limited the range of today's adjustment, so today is still a shock, and it is expected that the bottoming and rebound will hit the second highest point.
At present, from the perspective of gold in the 4-hour period, today's support below continues to focus on the vicinity of 2896-2900. If it falls back during the day, it will continue to look up and continue to rebound. The upper short-term resistance is 2928-35. Buy at a low price based on this range during the day and wait patiently for key points to enter the market.
NY Market Strategy
BUY:2900near
Gold Price Up 10% Already in 2025. Is $3,000 Only the Beginning?Gold XAUUSD clocked a 27% rise in 2024 when a flurry of events aligned to position the safe-haven asset front and center for global traders. This year, the shiny stuff is already off the charts and into new horizons, nearing $3,000 per ounce.
Record after record, gold has defied all gloom-and-doom forecasters and permabears. But is that gold rush sustainable? Depends on who you ask. But the fundamentals are certainly there.
A surge in US shipments is driving the latest leg up in the price as gold traders and dealers scramble to import boatloads of it before Trump potentially slaps a tariff on the metal, which has historically been free from such tax charges.
A sweeping arbitrage trade is taking place between London and New York. The Americans are piling bullion bars on Comex, the New York commodity exchange while the Brits are seeing their gold reserves dry up, driving the cost of borrowing up by 10% or more (borrowers are usually commercial banks and gold-linked businesses).
What’s more, the waiting time to pull gold from the Bank of England has skyrocketed from mere days to between a month and two months.
The result of that arbitrage? Inventories in New York have soared roughly 100% since November’s Presidential election with stockpiles now sitting at more than $100 billion in value — that’s more than 1,000 tons. If it was easy to do it, then we could probably brush it off as pure speculation. But it’s a hassle.
Here’s how it works: The London gold is not acceptable in New York. To close a contract and stack up the glittery metal in the US, the heavy stuff that’s being transported on planes across the Atlantic needs to be in differently shaped bars.
Gold dealers need to first pass it through a refinery in Switzerland where it gets melted and reshaped into the shape Comex takes in New York. That’s how physical gold is different from pretty much any other physical asset like a stock certificate or a bond.
Apparently, the insane tariff drama that releases a new episode every day could easily drive the price of gold higher. And that’s what Wall Street thinks will happen. Goldman Sachs GS , the formidable investment banking giant that’s over 150 years old, said in a note that gold prices could top $3,000 this year. It almost happened already and we’re not even past February.
Gold hit a record high of $2,940 per ounce on Tuesday — cue the celebration among gold bugs.
Another big reason for gold to shine in 2025 is how central banks warmed up to it in 2024. Let’s roll back the tape a little bit — the World Gold Council estimates that central banks last year stacked up more than 800 tons of gold. The biggest buyer on that list is Poland with 80 tons of it. The next four — Turkey, India, Azerbaijan, China.
Digging a bit deeper, lower interest rates generally support the bullish narrative for gold, which is a non-yielding asset. Gold doesn’t generate passive income, it doesn’t pay dividends and doesn’t pay you any sort of return like a bond does.
When interest rates fall, the environment benefits gold because the opportunity cost of holding it is less and investors jump in more easily. This said, pay attention to the economic calendar for any hot data releases that may stir up gold markets.
With momentum being as strong as it is now, do you think gold has more room to the upside? Or are we now in froth land and prices could turn around? Share your thoughts on gold in the comments!
Silver Prices Soar on Electrification DemandSilver rose above $32 per ounce, nearing a three-month high with high demand in the electrification sector, offsetting concerns over a hawkish Fed. The US ISM manufacturing PMI's unexpected rebound improved the manufacturing outlook, while China, India, and Indonesia encouraged investments in solar and wind power. Meanwhile, the US inflation data reduced expectations for lower Fed borrowing costs, increasing the opportunity cost of holding precious metals.
The first resistance level will be 32.50 level. In case of this level’s breach, the next levels to watch would be 33.00 and 33.50. On the downside, 31.40 will be the first support level. 30.90 and 30.20 are the next levels to observe if the first support level is breached.
Gold Near Peak Level Despite Fed HawkishnessGold prices remained near a record high above $2,900 per ounce, as investors turned to trusted assets with rising trade tensions and economic uncertainty. The White House announced that Trump’s reciprocal tariffs could be introduced as early as Thursday, following his 25% tariff on steel and aluminum imports. These add to existing tariffs, including 10% on Chinese goods and 25% on Canadian and Mexican imports, though the latter are paused. Meanwhile, U.S. inflation data exceeded expectations, reinforcing the Fed’s cautious stance on rate cuts and weighing on gold’s appeal.
Technically, resistance stands at 2,949, with further levels at 2,975 and 3,000. Support is at 2,885, followed by 2,830 and 2,760 if declines continue.
GOLD - Price can make correction move to support areaHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few days ago price started to grow inside a rising channel, where it soon reached $2695 support level.
Next, price made a small correction and soon broke this level and continued to move up inside rising channel.
Later Gold corrected to support line and some time grew near this line, after which bounced and rose to $2880 level.
Soon, price broke this level too, and continued to grow to resistance line of channel, after which corrected.
After this movement, the price continued to grow, so, I think that Gold can rise a little more and then start to fall.
In my mind, XAU can decline to $2865 points, which is located inside the support area.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
HelenP. I Gold will rebound up from support zone to $2940 pointsHi folks today I'm prepared for you Gold analytics. Not long ago, the price entered a consolidation phase, where it initially climbed toward support 2, aligning with the support zone and even pushing slightly higher. Afterward, Gold dropped to the trend line near the lower boundary of the range and began oscillating around this line. Shortly after, Gold dipped below the trend line but surprisingly continued to climb and eventually broke out of the consolidation. The price then retested support 2 and rapidly advanced toward the trend line, followed by a brief correction before moving back to the trend line. Soon, Gold broke through this trend line near support 1, which also matched the support zone, and completed a retest. Following this, Gold rebounded to 2945 points before pulling back to the trend line for a correction. Recently, it broke the trend line again. At the moment, I anticipate that XAUUSD will drop to the support zone and then rebound, aiming for 2940 points while breaking back above the trend line. If you like my analytics you may support me with your like/comment ❤️
GOLD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GOLD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2,762.245 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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Gold Options Activity Point to Continuing RallyNot a single macro portfolio manager was fired for adding gold to their portfolio over the last two years. Such has been gold’s stunning performance. Will Gold’s ascent continue?
Narratives and numbers signal unstoppable and solid bull run in gold for now.
BULL CASE REMAINS INTACT AND IS INTENFISYING
This paper will not delve much into fundamentals. We have covered it previously in Gold to Shine Bright on Fundamentals, Seasonality & Sentiments . In that we highlighted the three main forces at play: (a) Continued central bank purchases, (b) Rising consumer demand in China & India, and (c) Trump administration’s fiscal policies favouring gold.
In addition to the above, US Dollar weaponization, De-dollarisation fears, and Tariff tensions, serve as additional tailwinds. TradingView Wizard, Konhow , has comprehensively covered the historical impact of tariffs on Gold in his recent paper and video .
SENTIMENTS HAVE SURRENDERED IN FAVOR OF RISING GOLD
This research note will not dive into the weeds of technical analysis either. TradingView’s Technical Analysis dashboard summarises it all elegantly.
TradingView
Momentum is in favour. Oscillators are neutral indicating little risk of price reversal. Overall, sentiment remains bullish gold.
Gold prices as represented by CME Micro Gold Futures front month contract formed a golden cross on 10th January 2025. Since then, prices are up 8.5% as of 13th February 2025. Current prices are well above its 50-day, 100-day, and 200-day DMAs.
RSI is in overbought zone. Expect some pull back in gold prices from time to time on profit taking. But the upward trend is undeniable. The MACD shows that Gold momentum continues to be on the rise but with waning bullishness.
Readers can access the entire library of technical ideas focussing on Gold on TradingView’s Gold Ideas Page ideas page .
OPTIONS MARKETS ARE SIGNALLING A SOLID BULL RUN AHEAD
This paper aims to unpack recent activity in CME gold options market and its impact on prices. No contrary signals there either. Options market also signal bullish gold.
QuikStrike is a free-to-use tool for registered participants on the CME Group website. The tool provides a vast range of analytics to guide portfolio managers & traders to better comprehend the underlying market. Each report comes with a helpful user-guide to describe the data covered within the report.
Some key takeaways below:
Open Interest Profile page shows that as of close of markets on 11th February 2025, total call open interest (“OI” for short) stood at 634,815 lots across all expiries and strikes. Aggregate put IO totalled up to 357,305 lots resulting in a put-call ratio (p/c ratio) of 0.56.
Calls are options contract that represent a bullish view. While puts are contracts representing bearish outlook. At 0.56 p/c ratio, there are twice as many bullish positions for each bearish one.
Source: CME QuikStrike
Most Active Strikes allow portfolio managers and traders to analyse top strikes with shifts in open interest. Table below shows top 10 strikes registering the largest change in open interest between 4th February and 11th February.
Starting first with the Calls (left section of the table below), participants have been building up open interest in strikes 4000, 3200, 3250, 4500, 4032, and 3,975.
Call options have also booked reduction in open interest at strikes 3000, 3075, 3100 and 3025. On a net-basis, open interest is up 10,312 lots across these top ten strikes over various expiries this year.
Source: CME QuikStrike
Puts (right section of the table above) shows rising build up in open interest for strikes ranging from 2740 to 2880.
Collectively, this indicates that market participants are rooting for gold prices to rise through USD 3,000/oz and to even rally past USD 4,500/oz. Will that happen? Only time will tell.
Given that risk managers are establishing puts at such high levels point to strong support for gold prices at current levels.
In a nutshell, current prices are not only formidably comfortable but the potential to rise is also highly probable.
Shifting the attention to volatility, the CME Group also offers CVol which is another free-to-use tool. Portfolio managers and traders can visualise implied volatility behaviour on this tool.
Source: CME CVol
The GCVL which is the Gold CVol index shows implied volatility at 17.65 and with a positive skew of 1.08. Implied volatility easing even at an elevated prices indicates that market participants are comfortable at current price levels and do not foresee immediate large price moves.
Skew on the CVol tool is defined as Up Var minus Down Var. Up Var is the likelihood of the price rising while Down Var measures the likelihood of prices falling. A positive skew shows that the market is pricing a higher likelihood of rising prices relative to a down move.
FUND FLOWS INTO GOLD ETF IS UP 47% YOY
Among its rich set of features, TradingView also shows daily ETF fund flows . GLD is the prominent ETF commanding assets under management (AUM) of USD 80.65 billion.
This time last year, GLD ETF showed AUM of USD 54.77 billion. Fund inflows have spiked 47.25% over the past 12 months.
HYPOTHETICAL TRADE SETUP
With fundamentals, sentiment, options market, and fund flows all pointing to a price that is set to rise, this paper posits a long position using CME Micro Gold Futures expiring on 28th April 2025 (MGCJ2025) based on the following entry, exit levels and the reward-to-risk ratio:
• Entry: USD 2,900/oz
• Target: USD 3,100/oz
• Stop: USD 2,800/oz
• P&L at Target (USD per lot): +2,000 ((3,100 – 2,900) x 10)
• P&L at Stop (USD per lot): -1,000 ((2,800 – 2,900) x 10)
• Reward-to-Risk Ratio: 2x
Please note that Each Micro Gold Futures contract provides an exposure to 10 troy ounces.
Both standard-sized gold futures (GC) and the newly launched 1-ounce gold futures offer avenues to express bullish sentiment on the yellow metal. This comprehensive suite of gold futures is tailored to enhance flexibility and precision, empowering investors to capitalize on market opportunities effectively.
CME Group lists a raft of products covering a range of asset classes more accessible while also enabling granular hedging for portfolio managers.
Portfolio managers can learn more on how to access these micro products by visiting CME Micro Products page on CME portal to discover micro-sized contracts to gain macro exposures.
In collaboration with the CME Group, TradingView has launched The Leap trading competition. New and upcoming traders can hone and refine their trading skills, test their trading strategies, and feel the thrill of futures trading with a vibrant global community through this paper trading competition sponsored by CME Group using virtual money and real time prices.
The competition lasts another 15-days. Please join the 48,000+ others who are actively honing their trading skills using virtual money. Click here to learn more.
MARKET DATA
CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme .
DISCLAIMER
This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services.
Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description.
Silver H1 | Bullish rise to extend higher?Silver (XAG/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 32.17 which is an overlap support.
Stop loss is at 31.85 which is a level that lies underneath an overlap support that aligns with the 38.2% Fibonacci retracement level.
Take profit is at 32.63 which is a swing-high resistance.
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